Urgent notice! The new provident fund policy is coming!
Beijing
Issued a new provident fund policy
On April 8, the Beijing Housing Provident Fund Management Center issued the "Implementation Measures for Housing Provident Fund to Support the Green Development of Construction in Beijing (Draft for Comments)". According to the Consultation Paper, the loan amount can be increased by up to 400,000 yuan for employees who use housing provident fund loans to purchase green buildings, prefabricated buildings or ultra-low energy consumption buildings with a two-star or higher level.
According to the Consultation Paper, it is applicable to employees who apply for personal housing loans from the Housing Provident Fund to purchase two-star and above green buildings, prefabricated buildings or ultra-low energy consumption buildings.
Among them, the maximum loan amount of the provident fund will be increased by 200,000 yuan and 300,000 yuan respectively for borrowers who apply for loans to purchase two-star and three-star green buildings, the maximum loan amount for borrowers who purchase A(BJ), AA (BJ) and AAA (BJ) prefabricated buildings will be increased by 100,000 yuan, 200,000 yuan and 300,000 yuan respectively, and the maximum loan amount for borrowers who purchase ultra-low energy consumption buildings can be increased by 400,000 yuan.
If the borrower intends to purchase a dwelling that meets multiple applicable conditions at the same time, the maximum loan amount can be added up to a maximum of 400,000 yuan, that is, the maximum loan amount does not exceed 1.6 million yuan.
Guangzhou City, Guangdong Province
Adjust the maximum amount of personal housing provident fund loans
Policy Highlights:
1. If a housing provident fund loan is used to purchase a self-occupied house, the maximum amount of a loan applied for by one person shall be adjusted to 700,000 yuan, and the maximum amount of a loan jointly applied for by two or more persons to purchase the same self-occupied house shall be adjusted to 1.2 million yuan.
2. If the housing provident fund loan is used to purchase a self-occupied house, and the purchased housing is a new one-star green building or a new prefabricated building, the maximum amount of the housing provident fund loan can be increased by 10%.
3. If the housing provident fund loan is used to purchase a self-occupied house, and the purchased housing is a new two-star or above star-rated green building, the maximum amount of the housing provident fund loan can be increased by 20%.
Original Policy:
https://gjj.gz.gov.cn/gkmlpt/content/9/9584/post_9584269.html#1062
Weifang City, Shandong Province
Optimize and adjust the provident fund loan policy
Policy Highlights:
1. The upper limit of the maximum loan amount of the housing provident fund has been increased to 800,000 yuan.
2. For families with many children who purchase their first owner-occupied house in the city, the upper limit of the maximum loan amount of the housing provident fund will be increased to 1 million yuan.
3. High-level talents who meet the conditions for applying for housing provident fund personal loans and apply for housing provident fund loans for the first time in the city will be subject to a maximum loan amount of 1.6 million yuan.
For the purchase of high-quality residences, the above will be increased by 100,000 yuan each.
Original Policy:
http://gjj.weifang.gov.cn/zcfg/zcfb/202404/t20240403_6312664.htm
Ji'an City, Jiangxi Province
Adjust the criteria for determining the number of housing units for provident fund loans
Policy Highlights:
1. The scope of the determination of the number of housing units is adjusted to be verified and confirmed separately according to the county (city, district) where the house is purchased. The number of housing units owned by the borrower (husband and wife) shall be subject to the results of the inquiry by the real estate registration department and the housing and urban-rural development department at the place where the house is purchased.
2. Article 31 of the "Implementation Rules for the Management of Housing Provident Fund in Ji'an City" is amended to "not issue provident fund loans to depositors who have 2 houses or have used 2 provident fund loans within the scope of the city" and adjusted to "not issue provident fund loans to depositors who have used 2 provident fund loans or have 2 houses within the county (city, district) where the house is purchased".
Original Policy:
http://zfgjj.jian.gov.cn/news-show-1317.html
Foshan City, Guangdong Province
CPF online early repayment has changed
On April 1, the Foshan Housing Provident Fund Management Center (hereinafter referred to as the "Management Center") optimized the early repayment process of the housing provident fund personal loan, and realized the three convenient measures of online application for the change of part of the repayment business, online early repayment using the balance of the housing provident fund account, and online early repayment business for all entrusted banks, which greatly improved the experience and convenience of the masses.
From now on, the borrower can apply for early repayment through the WeChat official account of "Foshan Provident Fund" or the website of Foshan Housing Provident Fund Management Center (http://fsgjj.foshan.gov.cn/), which not only supports bank account deduction, but also supports early repayment of the balance of the provident fund account, and the applicant can choose the deduction method according to his own needs, which meets the needs of the borrower to use the balance of the housing provident fund account.
Luzhou City, Sichuan Province
Optimize and adjust the provident fund loan policy
Policy Highlights:
1. Expand the scope of policy support for the addition of elevators to existing residential buildings in the city
If the parents' self-occupied house is renovated with an elevator, the children and their spouses can withdraw the housing provident fund to pay for the renovation costs; The total amount withdrawn by all extractors shall not exceed the actual payment and apportionment amount of the additional elevator (excluding later operation and maintenance fees and government subsidies).
2. Increase the maximum loan amount of the housing provident fund for multi-child families
For families who have given birth to two or three children in line with the national fertility policy, the maximum amount of housing provident fund loans will be increased by 100,000 yuan.
3. The single loan amount of the housing provident fund is linked to the monthly coefficient of deposit
Maximum single loan amount =
The maximum loan amount × the monthly contribution factor
The criteria for determining the coefficient of the monthly deposit are 0.5 for the continuous normal deposit time of less than 12 months, 0.8 for the continuous normal deposit time of 12 (inclusive) to 24 months, and 1.0 for the continuous normal deposit time of more than 24 months (inclusive).
Fourth, reduce the proportion of performance bonds for off-plan mortgage loans
For off-plan mortgage loans of housing provident fund cooperation projects, the standard for developers to pay performance bonds is adjusted from 5% to 3%-5% of the amount of each provident fund loan. The specific standards shall be determined in accordance with the evaluation results of the Luzhou Housing Provident Fund Management Center for the cooperation projects of development enterprises.
Original Policy:
http://www.sclzgjj.com/zwgk/lzyj/bmwj/zxwj/content_22229
Huzhou City, Zhejiang Province
Further adjust the policy on the use of housing provident fund
Policy Highlights:
1. Cancel the cumulative amount of personal housing provident fund loans
The provisions on the cumulative amount of personal housing provident fund loans (hereinafter referred to as "provident fund loans") will be abolished, and the cumulative number of provident fund loans shall be limited, and the cumulative number of provident fund loans shall not exceed twice. After the cumulative amount of CPF loans is cancelled, the CPF loans that have been used in the previous period will be counted as one time.
2. Improve the policy of shortening the term of personal housing provident fund loans
During the repayment period of the provident fund loan, the borrower and his or her spouse can apply to the Housing Provident Fund Management Center for shortening the term of the provident fund loan once a year.
3. Optimize the withdrawal policy for repaying personal housing commercial loans
Relax the restrictions on the repayment of personal housing commercial loans (hereinafter referred to as "housing commercial loans"), cancel the restriction on the repayment of housing commercial loans and withdraw the "monthly deposit amount for 6 months", and withdraw personal housing provident funds according to the actual repayment amount of housing and commercial loans. On the basis of the normal repayment of provident fund loans, the withdrawal of personal housing provident fund to repay housing and commercial loans can be handled at the same time.
Fourth, increase the housing provident fund to support the withdrawal of rent
Further support for rental withdrawal, on the basis of the maximum withdrawal of 1,500 yuan per person/month, the limit that rental withdrawal shall not exceed the monthly deposit limit will be abolished.
This notice will be implemented from March 31, 2024, and if there are new provisions from the superiors, they will be adjusted in a timely manner.
Original Policy:
https://hzgjj.huzhou.gov.cn/art/2024/3/29/art_1229208804_58883136.html
Huanggang City, Hubei Province
Housing provident fund loan information is included in the credit reporting system
Policy Highlights:
From April 1, 2024, the city's housing provident fund loan information will be officially included in the personal credit reporting system of the People's Bank of China, and the overdue repayment of housing provident fund will be included in the personal credit report of loan employees.
Original Policy:
http://gjj.hg.gov.cn/xwdt/zxdt/1215101.html
Suzhou City, Anhui Province
Adjust the policy on the use of housing provident fund
Policy Highlights:
(1) Increase the amount of rental withdrawal
From the current annual maximum amount of 12,000 yuan in cities and districts (Yinqiao District) and 8,000 yuan in each county, it will be increased to 14,400 yuan in cities and districts (Yinqiao District) and 12,000 yuan in each county (families with many children who meet the birth policy have no self-occupied housing in the city and the withdrawal limit of rental housing can be increased by 20% according to the prescribed standard.)
New citizens and young people who do not have their own housing in Suzhou and rent housing through the market can withdraw the full amount of their monthly housing provident fund to pay rent, and the amount withdrawn shall not exceed the total amount of housing rent actually paid in the year; Among them, new citizens refer to depositors who have not obtained Suzhou household registration or have obtained Suzhou household registration for less than 3 years, and young people are depositors under the age of 40 (inclusive).
(2) Allow existing residences to install elevators to withdraw housing provident funds. Support residents of old urban communities to withdraw their housing provident funds for the installation of elevators and other renovations in their own houses.
(3) If the children's funds for the purchase of the house are insufficient, the parents are allowed to voluntarily withdraw the housing provident fund to support the purchase of the house for the children (tentatively implemented for one year, and this business will be suspended when the personal loan rate is higher than 85%).
2. Loan policy
(1) Relax the age limit for second-hand housing loans, and relax the age of the house from 20 years to 30 years.
Original Policy: