首页|Financial Balance Mechanism in the Transformation of Urban Village Housing to Government-Subsidized Housing:A Case Study of the LM Apartments Project in Shuiwei Village,Shenzhen
Financial Balance Mechanism in the Transformation of Urban Village Housing to Government-Subsidized Housing:A Case Study of the LM Apartments Project in Shuiwei Village,Shenzhen
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Financial balance is a requisite for the sustained operation of urban regeneration projects in the stock-based planning period.From the perspective of financial balance,this paper analyzes the operation strategy and mechanism of the LM Apartments Project in Shuiwei Village of Shenzhen from four aspects:the financial input in the initial stage,the revenue and expenditure in the operational stage,the financial relationship between multiple stakeholders,and the control of non-financial costs.The findings reveal that under the tripartite cooperation between the govern-ment,the state-owned enterprise,and the village collective,the LM Apartments Project in Shuiwei Village is a model of urban village regeneration that effectively supplements Shenzhen's government-subsidized housing system.Of the three parties,the government provides policy support and asset-light investment;Shum Yip Group,a state-owned enterprise,has carried out innovative practices of urban village regeneration while making a small profit;the Shuiwei village collective has achieved sustained economic benefits and a high-quality living environment.The paper further dis-cusses the external effects of this practice and probes into the conditions for the wide application of this mode in the hope of providing a useful refer-ence for promoting the application of the financial balance mechanism in urban village regeneration projects.
urban villagegovernment-subsidized housingfinancial balanceurban regenerationShuiwei Village
Lin Xiaoru、Xu Minghui、Jia Yuxuan、Zhu Chasong、Pan Aifeng、Li Caige、Lai Yuan
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School of Architec-ture and Civil Engineering,Xiamen University
Xiamen Key Laboratory of Integrated Application of Intelligent Technology for Architectural Heritage Protection,Xiamen,P.R.China
School of Architecture and Civil Engineering,Xiamen University,Xiamen,P.R.China
Anhui Urban & Rural Planning and Design Institute Co.Ltd.,Hefei,P.R.China
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