Studies on Housing Projects Financed by the Government
|Keywords||government financing rural housing project financing model financing options|
With economic development, gradual improvement of urban infrastructure construction, rural housing, the improvement of a State Council work priorities. Since the early eighties a large number of farmers to build new homes, "the pie" type of continuing to expand four weeks, while in the center of the village houses were "deserted" to form a "hollow village" phenomenon, since the building of the village lack of planning, resulting in the mercy of haphazard housing in rural areas, the majority of rural areas "we see only new home but not the village" was pervasive. "Hollow village" abound, to rural economic development and social progress brought about a series of problems.In order to thoroughly implement the Party Central Committee and State Council on the expansion of domestic demand, improve people’s livelihood and promoting economic growth, promoting economic and social integration of urban and rural development in a series of decisions and plans, give full play to the rural housing construction, the expansion of domestic demand, the role of the rural housing construction projects has been raised gradually on the agenda.Rural housing construction project has characteristics of low-profit nature of public projects, the project itself cost less, but the higher social benefits. Prior to government-funded construction projects rely mainly on the Government to establish national professional investment company to complete the project funds are mainly dependent on government fiscal year budget expenditures. And only rely on local financial input in that year can not meet the project needs to address through project finance project construction funds. In recent years, local governments in a multi-mode, multi-raising channels for rural housing construction projects in the attempt,at present the main form of direct financing, indirect financing, BOT, etc. of the project financing, non-project financing.Study was financed from the government point of view, the traditional project finance model for comparison and found advantages and disadvantages of different financing models, looking for rural housing construction projects in line with the financing mode of operation. Rural housing construction projects, a project emerged as a new type, not only failed to take any action prior to the experience, and investment in a single project is too large, such as local government would like to organize and implement as soon as possible, funding sources, the adequacy of the project will be the key to success. Therefore, the rural housing construction projects, financing models for the study of external financing of local government provide the theoretical basis and support.Learn from their predecessors in the full study on government financing of investment projects based on the theory, while research and empirical studies using standardized combination of research methods, rural housing construction project that was consistent with the financing mode of operation.Study and discuss the case for the Industrial and Commercial Bank of Zibo City, the development of rural housing construction projects, financial management of the trust fund bridge loan++ project follow-up fund management and construction of the side financing factoring financing program. This financing package is different from the traditional project financing, taking into account the project the interests of all stakeholders, is the innovative financing models will in the future financing of rural housing construction projects to provide practical experience.