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Beijing Releases Family Qualification Standards for Economically Affordable Housing and Low-rent Housing
Recently, the related departments of Beijing Municipal Government jointly issued the Announcement on Distributing Family Qualification Standards of Income level, Residential Situation, and Asset Status for Low-rent Housing and Economically Affordable Housing, which provides the urban residents in the eight central districts of Beiijng with the family qualification standards for applying for both low-rent housing and economically affordable housing. It is stated that only the families of one member with an annual income of no more than 6,960 yuan (RMB) could apply for low-rent housing, while those with an annual income of no more than 22,700 yuan (RMB) could apply for economically affordable housing.

The Announcement classified the families into five categories of one to five members, to which respective standards of income level, assets status, and residential situation are established. Only the families who meet the requirement of all these standards could be qualified for applying for guaranteed housing. In details, for economically affordable housing, the annual income standard for one- to five-member families is no more than 22,700 yuan (RMB), 36,300 yuan (RMB), 45,300 yuan (RMB), 52,900 yuan (RMB), and 60,000 yuan (RMB) respectively; while the standard of family asset net value for the five categories of families is no more than 240 thousand yuan (RMB), 270 thousand yuan (RMB), 360 thousand yuan (RMB), 450 thousand yuan (RMB), and 480 thousand yuan (RMB) respectively; and the usable floor area per capita of the five categories of families should be less than 10 m2. For low-rent housing, the annual income standard for one- to five-member families is no more than 6,960 yuan (RMB), 13,920 yuan (RMB), 20,880 yuan (RMB), 27,840 yuan (RMB), and 34,800 yuan (RMB) respectively; while the standard of family asset net value for the five categories of families is no more than 150 thousand yuan (RMB), 230 thousand yuan (RMB), 300 thousand yuan (RMB), 380 thousand yuan (RMB), and 400 thousand yuan (RMB) respectively; and the usable floor area per capita of the five categories of families should be less than 7.5 m2.

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