Guangdong multiple regions optimize and adjust housing provident fund policy measures

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According to the reporter from the Guangdong Provincial Department of Housing and Urban-Rural Development, many areas in Guangdong have recently been actively promoting the implementation of housing provident fund policies and measures. Several cities have actively adjusted and increased the housing provident fund loan limits, strengthened support for families with multiple children, as well as for the purchase of green buildings or prefabricated residential buildings, and relaxed the application conditions for converting commercial personal housing loans to housing provident fund personal housing loans (hereinafter referred to as “commercial to provident”). This fully utilizes the role of the housing provident fund in supporting housing consumption and reduces the burden on contributors when purchasing homes. In the past month, eight cities, including Shenzhen, Huizhou, Zhongshan, Jiangmen, Yangjiang, Zhaoqing, Qingyuan, and Yunfu, have announced new policies and measures regarding the housing provident fund. (CCTV News)

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