Mainland Housing Market | Hangzhou Raises the Maximum Housing Provident Fund Loan Limit

SighingCashier

2026-03-30 04:42:22

Abstract generation in progress

The Hangzhou Housing Provident Fund Management Committee has issued a notice to optimize the housing provident fund usage policy.

The notice states that the maximum loan amount for the housing provident fund has been increased from 1.3 million yuan (RMB) to 1.8 million yuan, with individual employees’ loan limits not exceeding 900,000 yuan. The calculation multiplier for individual employees’ loan limits has been adjusted from 15 times to 20 times. The notice will take effect on April 1 of this year.

Premier Li Qiang previously stated in the “Government Work Report” that efforts should be made to stabilize the real estate market. Policies should be tailored to each city to control increases, reduce inventory, and improve supply, explore multiple channels to revitalize existing commercial housing, and encourage the acquisition of existing commercial housing primarily for use as affordable housing. Deepen the reform of the housing provident fund system.

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