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The new version of the residential maintenance fund management scheme will be implemented this month

   2026-11-07 NetworkingName1130
Key Point:FuzhouSpecial residential maintenance fundsManagement approachEffective november5 working days to complete the review of the pension pension for emergency housingIn the afternoon of 11, the standing committee of the municipal people's congress held a press conference on the implementation of the law on the management of funds for the special maintenance of housing in the city of fuku. It is understood that the scheme will become operational on 1

FuzhouSpecial residential maintenance fundsManagement approachEffective november

5 working days to complete the review of the “pension pension” for emergency housing

In the afternoon of 11, the standing committee of the municipal people's congress held a press conference on the implementation of the law on the management of funds for the special maintenance of housing in the city of fuku. It is understood that the scheme will become operational on 1 november 2025。

5 working days of emergency housing pension audit

The citizens carry out special home maintenance operations。

The special home maintenance fund is referred to as the “pension pension”. With regard to deposit, the scheme specifies the first deposit obligations of the owner and establishes a mechanism for the renewal of funds, which requires the owner to renew in a timely manner if the balance on the account of the sub-account of the owner is less than 30 per cent of the amount of the initial special home maintenance funds。

In the use chain, the scheme distinguishes between general and emergency procedures. In case of emergency, a fast-track clearance route has been set up, which requires the competent authorities to complete the review within five working days from the date of receipt of the request, to verify the approval, to allocate funds in a timely manner and to ensure that security risks such as elevator failure and the fall of the outer wall can be addressed expeditiously。

The scheme provides that the housing sector shall, on its own behalf, administer funds for the specific maintenance of housing, disclose annually on the housing sector website the annual deposit, use, value-added and surplus of funds in the region for a period of not less than 30 days; and in the case of self-management of funds by an owner's assembly, the funds shall be advertised in a visible location in a small district for a period of not less than 30 days. The management bank should establish a system of financial tracking to ensure that owners are in a position to do soUse of fundsRight to information。

The scheme expressly penalizes, for example, the actions of property service enterprises, trade boards or the owners of the works in question, by imposing a fine of up to twice the amount of the nominal or nominal increase on the property service enterprises and a fine of up to $30,000 on the directors and other persons directly responsible or the owners of the business in question, which constitutes a criminal offence。

To ensure the effective implementation of the scheme, the municipal housing authority is stepping up the development of supporting documentation to facilitate the move from “paper” to “business”。

This will be followed by a further clarification of the boundaries of responsibilities of the various departments, a comprehensive streamlining of work processes, a classification of procedures for the use of funds for completed and uncompleted projects, and an intensive effort to build a city-wide unified information management platform for maintenance funds, which will enable online depositing, application for use and approval of disbursement of funds as soon as possible。

The above-mentioned information management platform will allow for data-sharing with the financial and real estate register and enhance operational efficiency and risk control capabilities. At the same time, the funds query service will be optimized, gradually moving on-line and off-line, so that owners can keep abreast of financial developments。

The municipal housing authority will also work with the financial sector to promote the use of specialized instruments, to prevent financial mismanagement from the source and to enhance the credibility of the management of funds dedicated to residential maintenance in general。

The scheme specifies that funds for specialized residential maintenance are earmarked for residential areas, repairs, upgrades and alterations after the completion of the maintenance of shared facilities and equipment, and specifies specific areas of use, and lists the circumstances in which funds may not be charged to them. The legislation also provides that, subject to the guarantee of normal use of funds, the value of the funds may be preserved and the property interests of the owners can be effectively preserved by means of periodic demand portfolio deposits and purchase of state debt. (reporter li zheng / man zhixiang / photo)

 
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