[Affordable rental housing loans are explicitly not included in the concentration management] The construction of affordable rental housing is expected to accelerate. Recently, while strengthening the deployment of affordable rental housing construction in many places, finance

[Affordable rental housing loans are explicitly not included in the concentration management] The construction of affordable rental housing is expected to accelerate. Recently, while strengthening the deployment of affordable rental housing construction in many places, the financial regulatory authorities have also clearly pointed out that relevant loans are officially and explicitly not included in the management of real estate loan concentration.

On February 8, the Chinese Min min bank and the China Banking and Insurance Regulatory Commission jointly issued the Notice on The Non-Inclusion of Loans Related to Affordable Rental Housing in the Management of Real Estate Loan Concentration (hereinafter referred to as the Notice), which clarifies that loans related to affordable rental housing projects are not included in the management of real estate loan concentration. At the same time, banking financial institutions are encouraged to increase support for the development of affordable rental housing in accordance with the principles of legal compliance, risk controllability and commercial sustainability.

The central bank and the Banking and Insurance Regulatory Commission further pointed out that the clarification that loans related to affordable rental housing projects are not included in the management of real estate loan concentration is conducive to banking financial institutions increasing credit to affordable rental housing projects, supporting the construction of China's housing security system, and helping to promote the establishment of a housing system with multi-subject supply, multi-channel guarantee, and rent-purchase combination. Links to web pages