On November 5, the General Office of the Henan Provincial Government issued “Certain Policies and Measures to Further Boost Consumption in Henan Province”. Among them, it is mentioned that it stimulates consumption vitality in the housing market. Continue to promote the renovation of old urban neighborhoods and support the installation of elevators in eligible buildings. On the premise of ensuring public safety and public interest, and not changing the main structure of the building, etc., where necessary ancillary facilities such as elevators or barrier-free facilities are added to old neighborhoods, the additional construction volume is not included in the planned floor area ratio, exempt from processing planning permits, and effectively reduce the cost of renovation of old houses. Actively push forward the reform of the Housing Provident Fund, further expand the usage scenarios and scope of housing provident funds from “buying a house” and “renting a house” to “repairing a house” and “raising a house,” and shorten the time limit for approval of loans by the Housing Provident Fund Management Center from 15 days to 10 days from the date the application is accepted. Improve the offsite coordination mechanism for housing provident funds, promote mutual recognition and mutual loans for housing provident funds within the province, and promote more convenient and efficient offsite use.

Zhitongcaijing · 5d ago
On November 5, the General Office of the Henan Provincial Government issued “Certain Policies and Measures to Further Boost Consumption in Henan Province”. Among them, it is mentioned that it stimulates consumption vitality in the housing market. Continue to promote the renovation of old urban neighborhoods and support the installation of elevators in eligible buildings. On the premise of ensuring public safety and public interest, and not changing the main structure of the building, etc., where necessary ancillary facilities such as elevators or barrier-free facilities are added to old neighborhoods, the additional construction volume is not included in the planned floor area ratio, exempt from processing planning permits, and effectively reduce the cost of renovation of old houses. Actively push forward the reform of the Housing Provident Fund, further expand the usage scenarios and scope of housing provident funds from “buying a house” and “renting a house” to “repairing a house” and “raising a house,” and shorten the time limit for approval of loans by the Housing Provident Fund Management Center from 15 days to 10 days from the date the application is accepted. Improve the offsite coordination mechanism for housing provident funds, promote mutual recognition and mutual loans for housing provident funds within the province, and promote more convenient and efficient offsite use.