Henan: Promoting Mutual Recognition and Loan Availability of Housing Provident Funds within the Province
2026-11-05 17:46:11
According to CoinMeta, the General Office of the Henan Provincial Government has issued the "Several Policy Measures for Further Boosting Consumption in Henan Province," which mentions stimulating the vitality of the housing market consumption, continuously promoting the renovation of old urban residential areas, and supporting eligible buildings to install elevators. On the premise of ensuring public safety and public interests without altering the main structure of the buildings, the additional construction volume for adding elevators and other necessary facilities such as accessibility features in old residential areas is not included in the planned plot ratio, exempting them from planning permits and effectively reducing the costs of old house renovations. In addition, Henan is also actively advancing reforms to the housing provident fund system. The scope of use for the housing provident fund has been expanded from "housing purchases" and "rental" to include "house repairs" and "home maintenance." The time limit for the housing provident fund management center to approve loans has been reduced from 15 days from the date of application acceptance to 10 days, and a coordinated mechanism for the use of housing provident funds across different regions has been established to facilitate more convenient and efficient use of the fund across the province.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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