Guangdong: implement policies for cross-regional housing provident fund loans and withdrawals, and reasonably increase the amount of housing provident fund loans.

date
24/06/2025
The General Office of the People's Government of Guangdong Province issued the "Work Plan of Guangdong Province to Promote the Sustainable Improvement of the Economy and Strengthen the Domestic Circular Economy", which encourages localities to provide subsidies for home purchases, consumption vouchers, etc., to increase support for first-time home buyers, families with multiple children, families caring for elderly parents, and agricultural migrants. Implement policies for cross-provincial housing provident fund loans and withdrawals, reasonably increase the amount of housing provident fund loans, support depositors to apply for personal housing provident fund loans while withdrawing housing provident fund to pay for down payment. Promote the renovation of old houses with new ones and accelerate the process of transferring ownership across different banks for second-hand houses.