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October 19, 2012

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Loans for housing projects

SHANGHAI Provident Fund Management Center, the local public housing fund manager, signed pacts yesterday to extend 3.69 billion yuan (US$585.7 million) in loans to six projects under the city's affordable housing programs.

Thirteen affordable housing projects have got approval to get loans from the local provident fund management center totalling 11.36 billion yuan, the government said yesterday.

 

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