Graphic II-5-1-2 Purposes and Results of Public Rental Housing

Purpose	Number of houses managed
Public housing	Supplies quality rental housing to low-income earners who are in serious need for housing for a low rent.	About 2,170 thousand houses (FY2011)
Improved housing	Supplies public rental housing to existing residents who are in serious need for housing a deteriorated residential area	About 150,000 houses (FY2011)
Urban Renaissance Agency's rental housing	Supplies quality rental housing that is conveniently located for access to work, focusing on family-oriented rental housing hardly in ample supply from private business entrepreneurs, in major urban areas, as well as develops residential districts (since FY2002, a privately supplied support rental housing program has been launched to support the supply of family-oriented rental housing, etc. from private business entrepreneurs).	About 760,000 houses (FY2011)
Agency's rental housing	Supplies quality rental housing to fill the regional demand for rental housing.	About 130,000 houses (FY2011)
Regional excellent rental housing	Provides subsidies to private land owners, etc. to fund maintenance and other expenses and cover rent cuts to provide excellent rental housing for households consisting of elderly people, child-raising families and so on.	• About 140,000 designated excellent rental houses (FY2011)
• About 31,000 designated excellent rental houses for elderly people (FY2011)

(Note) 1 The number of rental houses managed by the Urban Renaissance Agency includes designated excellent rental houses for elderly people.

2 The number of rental houses managed by the Agency does not include designated excellent rental houses and designated excellent rental houses for elderly people.

3 In FY2007, the designated excellent rental housing program and the designated excellent rental housing program for elderly people were reorganized to inaugurate a regional quality rental housing program.

Source) MLIT

## ② Utilization of private rental housing

The Ministry is committed to providing housing support services, including the availability of housing information, etc., to enable elderly people, physically handicapped people, foreigners, child-raising families and so on to move into private rental housing smoothly through the medium of a Housing Support Council, which is composed mainly of local governments, real estate associations and housing support bodies, from a viewpoint of upgrading the safety net functionality of private rental housing.

## 2 Supply and Utilization of Good Housing Land

## (1) Land value trends

According to the posted Land Market Value Publication for 2013 (as of January 1), land value continued to decline nationwide, but the decline slowed down, with the values remaining unchanged or increasing for an increasing number of sites, showing signs of recovery in some areas. Further, semiyearly land value trends observed at the same survey sites as used in the Land Price Research by Prefectural Governments (as of July 1) show that the rate of reduction was narrower in the latter half of the year than in the first half.

Areas hit by the Great East Japan Earthquake varied in the extent of damages they had suffered, but restoration work progressed and the demand for housing relocation to higher residential grounds elevated in these areas, with the land values rising in multiple municipalities in Iwate Prefecture and Miyagi Prefecture. In Fukushima Prefecture, the rate of reduction narrowed drastically from a year earlier.

## (2) Present status and problems of housing land supply

A shift from the traditional course of policy that promoted a large supply of new housing land to a housing land policy that reflects trends in population and household has been driven. Urban Renaissance Agency now works only on the new town projects that had already been initiated. The Ministry also supports the development of public facilities relevant to the development of housing land and offers preferential tax measures, etc. to promote the supply of housing land furnished with a good dwelling environment.

## (3) Utilization of fixed-term land leases

Fixed-term land leases are a system instrumental in providing quality housing for an affordable cost, because they