Zhengzhou Plans to Roll Out 8 New Real Estate Policies

People’s Financial News, March 21 — According to Dahe Financial Cube, on March 21, a relevant official from Zhengzhou’s Housing Security and Real Estate Management Bureau announced that Zhengzhou will introduce eight real estate market regulation policies, to be announced to the public at the appropriate time. The specific policies include:

1. Supporting young people to settle and buy homes. Encourage financial institutions to offer specialized financial products and services to youth under 35 who come to Zhengzhou for employment and entrepreneurship, better meeting their diverse housing credit needs.
2. Strengthening support for multi-child families purchasing homes. For families with multiple children who already own a home locally, when applying for a public housing fund loan to buy a second property, the maximum loan amount can be increased by 20% of the first-home loan limit.
3. Implementing the down payment ratio for commercial property loans. Guide financial institutions to ensure that the minimum down payment for commercial properties (including “commercial-residential mixed-use” properties) is no less than 30%.
4. Clarifying the criteria for determining the number of homes purchased. For new homes purchased within the city, only the housing situation within the administrative district where the property is located will be checked; if the buyer has no other homes, it will be considered a first-time purchase.
5. Optimizing the application conditions for public housing fund loans. Before December 31, 2026, if applicants meet the current other loan conditions and have no existing public housing fund balance, they can apply for a public housing fund loan for improved housing under the first-time buyer policy.
6. Increasing the supply of affordable rental housing (talent apartments). Through acquisition, new construction, and conversion channels, effectively increase supply, aiming to distribute 10,000 units by 2026; optimize application and distribution processes to improve efficiency and fairness, and leverage housing to attract and retain talent.
7. Improving supporting public services. Families who have purchased and actually moved into commercial housing can enjoy basic public services such as enrollment for children in designated schools, based on the signed and registered sales contract.
8. Implementing a “one house, one code” system for second-hand homes. Strengthen transparency of second-hand housing market information, enhance property verification and coding, and use platforms like “Zhenghao House” and “Zhengfang Trading Network” to verify ownership and generate a unique property verification code, achieving “one house, one code” for second-hand homes.