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PPP Framework for Public Rental Housing Projects in China
The Chinese government is conducting a large-scale public housing construction program and is faced with enormous financial pressure. The widely used Public-Private Partnerships (PPP) model in the field of infrastructure development provides an alternative and viable way to deal with housing issues. This paper reviews the worldwide experiences of PPP in enabling shelter strategies and the current situation of affordable housing practice in China. Based on the review of pertinent literature, a PPP framework is designed for public rental housing in China. Under the proposed PPP framework:(1) staff quarters in industrial parks can be delivered through the Build-Own-Operate method; (2) public rental housing built on collective land of urban villages can be procured on a leasehold basis of Build-Own-Lease; and, (3) while public rental housing built in mixed-income communities by commercial developers can be transferred to the public sector under a Build-Transfer (BT) model with cross subsidy. "Pathfinder" projects under the framework and a track on them are needed to further identify a best practice in China.
PPP Framework for Public Rental Housing Projects in China
The Chinese government is conducting a large-scale public housing construction program and is faced with enormous financial pressure. The widely used Public-Private Partnerships (PPP) model in the field of infrastructure development provides an alternative and viable way to deal with housing issues. This paper reviews the worldwide experiences of PPP in enabling shelter strategies and the current situation of affordable housing practice in China. Based on the review of pertinent literature, a PPP framework is designed for public rental housing in China. Under the proposed PPP framework:(1) staff quarters in industrial parks can be delivered through the Build-Own-Operate method; (2) public rental housing built on collective land of urban villages can be procured on a leasehold basis of Build-Own-Lease; and, (3) while public rental housing built in mixed-income communities by commercial developers can be transferred to the public sector under a Build-Transfer (BT) model with cross subsidy. "Pathfinder" projects under the framework and a track on them are needed to further identify a best practice in China.
PPP Framework for Public Rental Housing Projects in China
Liu, Ting (author) / Chan, Albert (author) / Wang, Shouqing (author)
2014 International Conference on Construction and Real Estate Management ; 2014 ; Kunming, China
ICCREM 2014 ; 573-581
2014-11-03
Conference paper
Electronic Resource
English
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