Wuhu Issued the First Installment of Housing Subsidies for Young Talents

“130,000 house purchase subsidy has received, I’m really happy!” As a real beneficiary of Wuhu’s talent policy, Mr. Ruan felt it hard to calm down for a long time after receiving the housing subsidy. It is reported that the first phase of housing subsidies for young talents in our city has been paid recently, and 803 people have received the first batch of housing subsidies.

This year, the city issued “Wuhu young talent house purchase subsidies issued implementation rules”. According to the detailed rules, since June 30, 2018, college graduates under 35 years old introduced by enterprises in the administrative region of our city (excluding central enterprises in Wuhu, provincial state-owned enterprises, and urban partner units shall implement according to relevant regulations) and continuously participate in social insurance lawfully, who do not have their own housing in Wuhu can enjoy housing purchase subsidy. Graduates with bachelor’s degree or above will be given a housing subsidy of 12% of the purchase price up to 200000 yuan. The first subsidy is 7% of the purchase price. The remaining 5% will be paid in equal amounts over five years. Graduates with junior college (including secondary vocational schools and technical colleges) will be given a housing subsidy of 10% up to 200000 yuan. The first subsidy is 5% of the purchase price. The remaining 5% will be paid in equal amounts over five years. Couples can enjoy a maximum of 400000 yuan.

The reporter learned from the Municipal Talent Group that the first batch of 1457 applications for housing subsidies for young talents in the city were accepted. After the joint review and confirmation of the Municipal Housing and Urban Rural Development Bureau, the Municipal Human Resources and Social Security Bureau, the Municipal Self regulatory Bureau, the Municipal Civil Affairs Bureau, the Municipal Taxation Bureau and other departments, the website of the Municipal Housing and Urban Rural Development Bureau and the Ziyunying talent service platform announced that the first batch of 803 people met the requirements. The first subsidy fund was 66.6447 million yuan, of which 34 couples enjoyed policy superposition. The second batch of 264 talents is expected to complete publicity and subsidy distribution before September 30.

Since last year, our city has accelerated the implementation of the main strategy of giving priority to talent development, vigorously promoted the “double recruitment and double introduction” project, launched the “Ziyunying Talent Plan”, took the lead in establishing a talent development group in the province, and made every effort to build a city that needs talents. Under the leadership of the Municipal Organization Department (Municipal Talent Office), the city’s talent work has achieved remarkable results. From January to August this year, 48000 college students were recruited to work and start businesses in Wuhu.

Translated by Yuan Mengwen from Foreign Affairs Office of Wuhu Municipal People’s Government