Changsha Adjusts Housing Provident Fund Policy: Loosens Loan Requirements and Raises Loan Caps
3 week ago / Read about 0 minute
Author:小编   

The Changsha Housing Provident Fund Management Committee has unveiled a new policy set to take effect from June 23rd. This policy aims to ease loan requirements by reducing the continuous payment period from 12 months to 6 months and eliminating several restrictions. Simultaneously, it enhances the loan limits for families with two or three children, increasing them by 20% and 30%, respectively. Furthermore, it facilitates simultaneous applications for withdrawals and loans for the purchase of first homes and abolishes the limit on the number of withdrawals, thereby further bolstering support for the housing provident fund.