Tangshan, Hebei Province： The first home loan with employee provident fund under 45 years old cancels the balance hook.

　　CCTV News:According to the news of "Tangshan Provident Fund" WeChat WeChat official account on May 1, Tangshan Housing Provident Fund Management Center has further optimized and adjusted the housing provident fund use policy. Among them, it is proposed that the deposit of the employee’s first suite provident fund loan cancel the balance hook. The policy stipulates that if employees under the age of 45 in Tangshan purchase the first set of self-occupied housing, the cancellation of the loan amount will be linked to the deposit balance of the borrower’s housing provident fund on the premise that they have paid the housing provident fund for more than 6 months (inclusive) continuously and meet the repayment ability and do not exceed the corresponding maximum loan limit.

　　In addition, we will increase policy-oriented housing support to meet the needs of new citizens. Taking the policy-oriented housing of Tangshan Anju Group as a pilot, we will launch a policy of rent-and-purchase of affordable housing, give full play to the mutual protection role of the housing provident fund system, and continue to help the implementation of the rent-and-purchase housing system.

　　The policy stipulates: (1) The cancellation of the loan amount is linked to the deposit balance of the housing provident fund of the borrower on the premise that the paid-in employees who purchase the newly-built policy housing and are the first self-occupied housing have paid the housing provident fund continuously for more than 6 months (inclusive) and meet the repayment ability and do not exceed the corresponding maximum loan amount; (2) For the paid employees who lease the affordable rental housing and talent apartments built, acquired and rebuilt by Tangshan Anju Group, the provident fund will be opened to offset the rent, so as to realize the linkage between the rental management platform of affordable rental housing and talent apartments and the housing provident fund account.

　　This policy will be implemented on June 1, 2023.