2.96 bln yuan misused in affordable housing

搜索关注在线英语听力室公众号：tingroom，领取免费英语资料大礼包。

The report was based on auditing⁶ in 66 cities and counties.

Liu Jiayi, auditor general of the National Audit¹ Office, added the agency had discovered other problems in social housing construction, including lack of funds, as well as faulty approval and exit mechanisms⁷.

The agency said more than 5,400 households had been included in the program without undergoing required reviewing procedures and 21,000 were found ineligible⁸ for the project.

Liu said after the auditing, local authorities had retrieved⁹ 2.82 billion yuan and 3,800 households had been stripped of qualifications.

China has vowed¹⁰ to build 36 million affordable housing units during the 2011-2015 period in a bid to meet the demands of low-income families and cool the property market. But corruption¹¹ in the construction and application process, as well as doubts over the quality of projects have caused public complaints.?

分享到：