**: China News Network.
**On January 31, (Zhongxin Financial Reporter Zuo Yukun) The first loan of the "white list" of real estate projects landed in Nanning, and 314 of the first batch of "white list" of real estate projects in Chongqing have been pushed to the bank ......In the past two days, there has been progress in the "white list" of real estate financing in various places.
Previously, the Ministry of Housing and Urban-Rural Development has revealed that it has accelerated the implementation of the urban real estate financing coordination mechanism, and the first batch of projects will be able to obtain loans after the landing by the end of this month. This "white list", which promotes the precise docking of real estate enterprises and financial institutions, is believed to greatly enhance the willingness of financial institutions to support real estate enterprises.
The two western cities took the lead in landing
The reporter learned from the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision that after the Ministry of Housing and Urban-Rural Development and the State Administration of Financial Supervision held a meeting on the deployment of the coordination mechanism for urban real estate financing, all localities acted quickly and stepped up implementation. At present, Nanning City has established a real estate financing coordination mechanism, and pushed the first batch of 107 real estate projects to local financial institutions. The Beitou Dutch Courtyard project in the 'white list' has been awarded the 3rd branch of Minsheng Bank Nanning Branch300 million yuan development loan. ”
On the evening of January 30, the news released by the "China Construction News" in charge of the Ministry of Housing and Urban-Rural Development attracted attention, marking the landing of the first loan on the "white list" of real estate projects in Nanning.
The Beitou Heyuan project belongs to the suburban market of Nanning, in fact, there are two phases, and the second phase is currently in the construction start-up stage, which also shows that the current funds are in place, which is conducive to the start of construction of such projects. Yan Yuejin, research director of the E-House Research Institute, said that the project disclosed this time has a scale of 300 million, and from the perspective of development loan support, it is expected that the range of 2-500 million yuan will be in various places, which can generally meet the demand for funds. This will also contribute to the advancement of real estate starts, completions and deliveries in 2024.
Li Yujia, chief researcher at the Housing Policy Research Center of the Guangdong Provincial Urban Planning Institute, believes that "the project has received a development loan" is an important piece of information. It means that the "white list" will exist in the form of a project list system, and the projects on the list must meet the requirements put forward by the Ministry of Housing and Urban-Rural Development, and are also the result of mutual verification between the housing and financial management departments.
On January 31, the news came again: in accordance with the requirements of the special deployment meeting of the Ministry of Housing and Urban-Rural Development, Chongqing has sorted out the first batch of 314 "white lists" of real estate projects through the real estate financing coordination mechanism, with a financing demand of about 83 billion yuan and involving 22 financing institutions. On January 30, the "white list" of the project has been pushed to 28 major banks, including large banks, joint-stock banks, commercial banks in other cities, and three municipal corporate banks.
Liu Shui, director of enterprise research at the China Index Research Institute, said that commercial banks will evaluate the projects in the "white list" according to the project status and the criteria for financing support. On the one hand, for projects with reasonable assets and liabilities and guaranteed repayment, banks will optimize the approval process and shorten the approval time, so that the financing loan will be effective as soon as possible. On the other hand, new loan support will also be given flexibly for projects that are temporarily in financial difficulties but can maintain a balance of funds.
The 'white list' of real estate projects in Nanning and Chongqing in the western region has been the first to continue to land, indicating that these cities have responded quickly, and the real estate financing coordination mechanism has been established and operated quickly and is well prepared. Liu Shui said.
Financing policies have been intensively introduced
The "white list" has been the focus of attention in the real estate sector in recent days. On January 26, the Ministry of Housing and Urban-Rural Development held a meeting on the deployment of the urban real estate financing coordination mechanism, emphasizing that it is necessary to accelerate the implementation of the urban real estate financing coordination mechanism, support the development and construction of real estate projects, and meet the reasonable financing needs of real estate enterprises with different ownership systems without discrimination.
The meeting will also further accurate the financing support to the "project", put forward that in view of the current financing problems of some real estate projects, all localities should take the project as the object, pay close attention to the study and propose the list of real estate projects that can give financing support, coordinate the financial institutions within the administrative area to issue loans, and accurately and effectively support reasonable financing needs.
It is understood that the meeting clarified that projects that can obtain financing support need to meet five conditions: 1. The project is under construction, including projects that have been suspended for a short period of time but can resume construction and delivery when funds are in place; 2. Have collateral that basically matches the financing amount; 3. Clarify the bank in charge of the loan and accept the closed supervision of the loan funds; 4. The pre-sale funds have not been withdrawn or the pre-sale funds have been recovered; 5. There is a preliminary plan for the use of the loan and the completion of the project.
On January 27, Guangzhou issued a document stating that it would establish a real estate financing coordination mechanism, build a communication platform between government and banks and enterprises, and promote the precise docking of real estate development enterprises and financial institutions. As a result, Guangzhou has become the first city to implement a real estate financing coordination mechanism.
Earlier, after the ** financial work conference at the end of October 2023, there were rumors in the market that regulators were drafting a "white list" of real estate companies, but the list was not released in the end. Li Yujia believes that the most critical problem is that neither the housing and construction management department nor the financial management department can obtain accurate information about the financial information and operating conditions of real estate enterprises.
From enterprises to projects, it is a feasible channel for the landing of real estate 'white list'. Li Yujia believes that the integrity and financial data of real estate enterprises may not be able to protect the creditor's rights of financial institutions, but as long as the property rights of real estate projects are clear and the funds are closed, they can protect the creditor's rights of financial institutions and eliminate the information asymmetry between financial institutions and real estate enterprises.
This is exactly what the competent authorities and localities are trying to practice.
Li Yujia expects that in the near future, similar "white lists" will be issued in various places, and projects will be pushed to the financial sector, and related loans will also follow, gradually forming a consensus in the market, and the spread of real estate risks will begin to be blocked. It is not only conducive to ensuring the delivery of the property, but also conducive to enhancing the market's acceptance of off-plan housing, thereby stabilizing the real estate market.
With the implementation of more real estate project loan support, the effect of policies to support project financing will gradually appear, which will help improve the liquidity of real estate enterprises, help alleviate the tightening of real estate loans and expand real estate investment, and help promote a virtuous cycle of real estate and finance. Liu Shui said. (ENDS).