On September 29, according to the “Lianyungang Release”, the Housing Provident Fund Management Committee of Jiangsu Province issued the “Notice on Further Optimizing the Policy for the Use of Housing Provident Funds”. According to the notice, the down payment ratio for housing provident fund loans was reduced, and the minimum down payment ratio for first and second home housing provident fund loans was reduced to 15%. In addition, the policy of increasing the amount of housing provident fund loans for families with many children has been relaxed. It was originally limited to first-home loans, but now it has been extended to two-home loans. Other loan policies remain unchanged. The maximum loan amount for a family with two children is 700,000 yuan; the maximum loan amount for a family with three children is 1.2 million yuan; the maximum loan amount for a family with three children is 800,000 yuan, and the two parties have deposited 1.3 million yuan. Extend the term of a housing provident fund loan. The age and loan period of the borrower applying for a housing provident fund loan can be extended to 10 years after the legal retirement age, but the maximum loan period is not more than 30 years.

On September 29, according to the “Lianyungang Release”, the Housing Provident Fund Management Committee of Jiangsu Province issued the “Notice on Further Optimizing the Policy for the Use of Housing Provident Funds”. According to the notice, the down payment ratio for housing provident fund loans was reduced, and the minimum down payment ratio for first and second home housing provident fund loans was reduced to 15%. In addition, the policy of increasing the amount of housing provident fund loans for families with many children has been relaxed. It was originally limited to first-home loans, but now it has been extended to two-home loans. Other loan policies remain unchanged. The maximum loan amount for a family with two children is 700,000 yuan; the maximum loan amount for a family with three children is 1.2 million yuan; the maximum loan amount for a family with three children is 800,000 yuan, and the two parties have deposited 1.3 million yuan. Extend the term of a housing provident fund loan. The age and loan period of the borrower applying for a housing provident fund loan can be extended to 10 years after the legal retirement age, but the maximum loan period is not more than 30 years.