As of end 2006, completed acreage of affordable housing (including housing built for employees with collected funds) across China surpassed 1.3 billion square meters, enough to accommodate 1.65 million lowincome households. As of October 2007, 644 out of 656 cities established the low-rent housing system, accounting for 98.2% of the total, and improving the living conditions of 681,000 low-income families.
As of September 2007, over 100 million employees were covered by the Housing Provident Fund scheme. Housing provident fund contribution totaled 1.5 trillion yuan, with a balance of 900 billion yuan. About 42 million employees enjoyed better housing conditions by utilizing the housing provident fund and applying for housing provident fund loans.