The rental subsidy policy for freshmen in Ningbo is: newly introduced undergraduate and master graduates of general higher education under the age of 35 and young talents with professional qualifications (skill level) of technicians and above, who are employed in Ningbo and have paid social security for a certain period of time according to law and have no housing, each person will be given a rental subsidy of 6,543,800 yuan per year for up to three years. Among them, "double-first-class" colleges or "double-first-class" undergraduate, master's and doctoral graduates who meet certain conditions can enjoy monthly 1 000- 1, and 500 yuan's rental subsidy for up to 36 months.
Legal objectivity:
Article 6 of the Notice on Further Deepening the Reform of Urban Housing System and Accelerating Housing Construction
After the physical distribution of housing is stopped, the ratio of house price to income (that is, the ratio of the average price of a set of affordable housing with a construction area of 60 square meters in this area to the average annual salary of dual-income families) has reached more than 4 times, and the original housing construction funds of finance and units can be converted into housing subsidies. There is no room and the housing area does not meet the prescribed standards, housing subsidies can be implemented. Specific measures for housing subsidies shall be formulated by the municipal (county) people's government according to local actual conditions and implemented after being submitted to the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for approval.