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New funding for residential maintenance in fukuzhou and the introduction of housing pension manageme

   2026-11-07 NetworkingName1360
Key Point:RecentlyFuzhouCitySpecial residential maintenance fundsManagement approachIt was approved at the meeting of the standing committee of the people's congress of fujian province and will be promulgated by the standing committee of the municipal people's congress。It is known that a considerable number of houses in the city of fukuo are over 20 years old and require financial maintenance. There have been long-standing problems of deposit and us

RecentlyFuzhouCitySpecial residential maintenance fundsManagement approachIt was approved at the meeting of the standing committee of the people's congress of fujian province and will be promulgated by the standing committee of the municipal people's congress。

It is known that a considerable number of houses in the city of fukuo are over 20 years old and require financial maintenance. There have been long-standing problems of “deposit” and “use” problems for housing as a “pension” for specialized maintenance。

To this end, the regulations specify the scope of deposit of funds for the special maintenance of dwellings, and specify that the municipal, county (municipal, district) housing and urban-rural construction authorities shall, in accordance with the law, determine and make public the bank responsible for the special maintenance of dwellings. The establishment of special housing maintenance funds shall be maintained in units of the property service area, with separate accounts in accordance with the housing account number, and in units where no property service area has been assigned. Until the establishment of the proprietors ' conference, the funds for the special maintenance of the dwelling are managed by the municipal, county (municipal, district) housing and urban-rural construction authorities; after the establishment of the proprietors ' conference, the proprietors ' decision is made to manage the funds for the special maintenance of the dwelling themselves or to continue to entrust the management of the proprietors。

In order to respond to the public's concerns about the difficulty of applying for funds for specialized housing maintenance and the need to improve their efficiency, the regulations specify that municipal housing authorities shall regulate the processing of applications for funds for specialized housing maintenance, improve the processing mechanism, make matters public and specify the time frame for processing. With regard to the use of funds for specialized residential maintenance, the legislation makes it clear that the funds are to be used for residential co-location, maintenance, upgrading and renovation after the completion of the maintenance of common facilities and equipment, and for related expenses。

In order to avoid delays in maintenance due to the absence of the main subject, the legislation takes the form of a “multiple-subject application”, which provides that applications for the use of funds for specialized residential maintenance may be submitted by owners, owners' committees, property service enterprises or village (resident) councils. The emergency maintenance programme shall be prepared in accordance with the relevant provisions of the statute before funds for specialized residential maintenance are transferred to the management of the conference of owners. The county (municipality, district) housing authority completes the review within five working days from the date of receipt of the application for emergency use and, if so agreed, transfers the funds for specialized residential maintenance to the applicant's designated account in a timely manner。

In order to ensure the security of funds earmarked for the maintenance of dwellings, regulations have been established to provide oversight. The legislation makes it clear that the cantonal (municipal, district) housing and urban-rural construction authorities, acting in their capacity as managers of funds for the special maintenance of dwellings, shall, on an annual basis, publicize on the website of the housing and urban-rural construction authorities the deposit, use, value added and balance of annual housing maintenance funds in the region for a period of not less than 30 days. The owner's conference, which manages the housing-specific maintenance funds on its own, shall be guided and supervised by the housing authority, shall establish a system of publicity for the housing-specific maintenance funds, shall be visible annually in the residential district, and shall publicize the annual deposit, use, value added and balance of the housing-specific maintenance funds in the district for a period of not less than 30 days. Owners have the right to inquire about the use of funds for specialized residential maintenance, value-added gains and book balances, and may request review of publicity if they object。

The statute also sets out the amount of work to be performed on the project in questionLawIf the offence is committed by the owner's board or the owner concerned, the person directly responsible and other persons directly responsible or the owner concerned shall be liable to a fine of between $10,000 and $30,000; if it constitutes an offence, criminal liability shall be imposed in accordance with the law. Lee bree

 
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