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Adjustment of Chenzhou Housing Provident Fund Personal Housing Loans Policies

2018-08-17

On August 13, the author learned from the Municipal Housing Provident Fund Management Center that our city has recently issued the "Management Measures of Personal Housing Loans of the Housing Provident Fund", and adjusted some of the loan policies. Among them, the maximum loan amount of the Housing Provident Fund has been adjusted from 500,000 yuan to 600,000 yuan.

Since this year, the Municipal Housing Provident Fund Management Department has actively promoted the reform of "one-off completion", and released good news to the public on the basis of the overall acceleration of business work. Recently, the Municipal Housing Provident Fund Management Committee issued the "Management Measures of Personal Housing Loans of the Housing Provident Fund" and adjusted some loan policies: the maximum amount of loans for housing provident funds was adjusted from 500,000 yuan to 600,000 yuan for double-paid workers and 500,000 yuan for single-paid workers; the normal remitted staff and workers (spouse, parent or child) with local household registration who have paid in housing accumulation fund for more than 6 months (inclusive) in different places, can apply for different loan if buy a house in the city; the loan term for flexible employment personnel was reduced from 12 months to 6 months (inclusive) for continuous payment of provident fund; the access conditions for cooperative developments were reduced from 50% of the original project progress to 30%. These measures have greatly solved the financial difficulties of the staff and workers, accelerated the access to the development of real estate, and provided convenience for the employees to use the provident fund.

It was reported that our city handled a total of 32 projects and 108 buildings, issued housing provident fund loans of 1.129 billion yuan and completed the annual plan of 74.76%, an increase of 48.88% from January to July this year. In particular, the time limit for loan settlement was greatly reduced from 23 working days to 9 days, and the speed of house sales and refunds was quickened to effectively dispel the social misunderstanding of provident fund lending. The accumulation fund loan has become the first choice of the current working class purchase loan, and the developers' rejection of loans has been effectively curbed to further guarantee the worker's rights and interests.