(1) Financial allocation Financial allocation refers to the actions taken by the government to support the smooth operation of the urban land reserve system and to effectively regulate the urban land market.
Fiscal appropriation is a kind of government behavior (2) Bank loans Bank loans refer to the land reserve center financing funds through loans from banks and other financial institutions. It is currently the most important financing model and plays an important role in land reserves.
(3) Land reserve income Land reserve institutions re-develop the acquired land, convert it from "raw land" to "cooked land" and then transfer it. After deducting land acquisition, development and reserve expenses, the land transfer income will increase the land transfer income.
amount of income, which constitutes land bank income.
In addition to using this part of the proceeds to maintain the daily expenses of the land bank and repay loans, the remaining part can be used to acquire new land.
The above three financing models are currently commonly used land reserve financing models. According to their respective characteristics, they have their own scope of application.
Innovative Land Reserve Financing Model (1) Land Trust Land trust refers to a land reserve institution entrusting the reserved land to a specialized trust company in its own name, with the trust investment company acting as the trustee responsible for financing activities for the development of the trust land.
(2) Land fund Land fund refers to a land fund established by the government, using land resources as a carrier, raising funds from the public through the issuance of land income certificates guaranteed by the future income flow of the land, and then entrusting the raised funds to the land
The reserve center carries out land consolidation work such as urban land development and management. The income obtained from the transfer and lease of land goes into the land fund, and the income is distributed according to the land income certificate.
(3) Land replacement Land replacement means that the land reserve center, in accordance with the urban land reserve plan, in the process of land reserve, in order to save land acquisition costs and resettle existing land users, replaces the users with land that has already entered the land reserve system.
behavior of the land currently in use.
(4) Land bonds Land bonds refer to land reserve institutions issuing to investors in order to raise funds for land acquisition and arrangement, using the acquired reserve land or land designated by the government as collateral, and promise to pay interest at a certain interest rate and repay it according to agreed conditions.
Debt certificates of principal.