Ezhou, Hubei Province： Adjust the loan amount of housing provident fund in stages to support group purchase of commercial housing.

　　On November 18th, according to official website, Housing and Urban-Rural Development Bureau of Ezhou City, Hubei Province, recently, Ezhou Housing and Urban-Rural Development Bureau, Ezhou Natural Resources and Planning Bureau and Ezhou Housing Provident Fund Center jointly issued the Notice on Further Promoting the Stable and Healthy Development of the Real Estate Market in Our City.

　　The notice proposes to adjust the loan amount of housing provident fund in stages. From Oct. 31, 2023 to Oct. 31, 2024, if the employee who paid the housing provident fund newly purchased ordinary self-occupied housing in Ezhou (except for business transfer), the loan amount can be increased by 20% according to the current loan amount of the employee’s family, and at the same time it does not exceed the maximum loan amount of Ezhou provident fund loan (that is, the maximum loan amount of the first family loan is 600,000 yuan, and the maximum loan amount of the second family loan is 500,000 yuan). The floating policy of loan amount and other floating policies of housing provident fund loans are not superimposed.

　　At the same time, further liberalize the restrictions on household registration of provident fund loans. Employees who have paid in the middle reaches of the Yangtze River agreed in Hubei Province and the Convention on Cooperation of Housing Provident Fund Management Centers of Urban Agglomerations in the Middle Reaches of the Yangtze River, when applying for provident fund loans for newly purchased houses in Ezhou City, will no longer be examined whether the borrowers have Ezhou household registration, and the conditions and handling procedures for other loans in different places will remain unchanged.

　　In addition, optimize the housing levy and resettlement policy. In principle, the city will no longer build new resettlement houses, and adopt monetization, room tickets, and group purchase of commercial housing.

　　The "Notice" also proposes to support group purchase of commercial housing. Encourage development enterprises to give preferential purchase, support scientific research institutions, industrial parks, universities, enterprises and institutions, and concentrate on buying commercial housing to solve the housing problem of employees. Encourage all localities and enterprises to centrally arrange employee housing through group purchase of existing commercial housing. Support state-owned enterprises to buy commercial housing as affordable rental housing, talent housing and resettlement housing to solve the housing difficulties of the masses.

　　The "Notice" shows that during the period from October 1, 2022 to December 31, 2023, taxpayers who sell their own houses and re-purchase houses in this city within one year after the sale of their existing houses can apply for a refund of the personal income tax paid for the sale of their existing houses according to regulations.

　　In addition, optimize the criteria for determining the number of family housing loans. Bank financial institutions identify the second set of housing purchased by families with many children as the first set of housing when they purchase loans.

　　The following is the full text of the policy:

　　The people’s governments of all districts, the administrative committees of gedian Development Zone and Airport Economic Zone, and all relevant units:

　　In order to implement the decision-making arrangements of the CPC Central Committee and the State Council, timely adjust and optimize the real estate policy, support the rigid and improved housing demand of residents, stimulate the vitality of the real estate market, boost market confidence, and promote the sustained, stable and healthy development of the city’s real estate market. With the consent of the Municipal People’s Government, combined with the actual situation of our city, the relevant matters are hereby notified as follows:

　　First, support residents to buy houses.During the period from October 1, 2022 to December 31, 2023, taxpayers who sell their own houses and re-purchase houses in this city within one year after the sale of their existing houses may apply for a refund of the personal income tax paid for the sale of their existing houses according to regulations.

　　Second, optimize the criteria for determining the number of family housing loans.Bank financial institutions identify the second set of housing purchased by families with many children as the first set of housing when they purchase loans.

　　Three, the phased adjustment of housing provident fund loan amount.From October 31, 2023 to October 31, 2024, if the employees who have paid the housing provident fund purchase ordinary self-occupied housing in our city (except for business transfer), the loan amount can be increased by 20% according to the current loan amount of the employee’s family, and at the same time it does not exceed the maximum loan amount of the provident fund loan in our city (that is, the maximum loan amount for the first family loan is 600,000 yuan, and the maximum loan amount for the second family loan is 500,000 yuan). The floating policy of loan amount and other floating policies of housing provident fund loans are not superimposed.

　　Fourth, further liberalize the restrictions on household registration of provident fund loans.Within the scope of this province and the "Convention on the Cooperation of Housing Provident Fund Management Centers of Urban Agglomerations in the Middle Reaches of the Yangtze River", the paid employees in the urban circles in the Middle Reaches of the Yangtze River will no longer be examined whether the borrower has Ezhou household registration when applying for provident fund loans for newly purchased houses in this city, and the conditions and handling procedures for other loans in different places will remain unchanged.

　　Five, optimize the housing levy and resettlement policy.In principle, the city will no longer build new resettlement houses, and adopt monetization, room tickets, and group purchase of commercial housing.

　　Sixth, support the group purchase of commercial housing.Encourage development enterprises to give preferential purchase, support scientific research institutions, industrial parks, universities, enterprises and institutions, and concentrate on buying commercial housing to solve the housing problem of employees. Encourage all localities and enterprises to centrally arrange employee housing through group purchase of existing commercial housing. Support state-owned enterprises to buy commercial housing as affordable rental housing, talent housing and resettlement housing to solve the housing difficulties of the masses.

　　Seven, accelerate the revitalization of the stock of land.For the stock of state-owned construction land that has been sold but has not yet been built and there is no legal dispute, after investigation and publicity, the government of the jurisdiction will recover the land according to law and rationally adjust the plan to re-sell it. Real estate projects that have been publicized and not started are allowed to adjust the housing structure and apply for the change of construction permit without changing the nature of land use and the floor area ratio. For the state-owned construction land that has been sold but not yet built or partially built, if the original commercial-residential ratio of construction land is no longer suitable for market demand, it can be adjusted according to the prescribed authority and procedures, and the land transfer fee can be paid back according to the market evaluation price.

　　Eight, support real estate enterprises to bail out.Introduce incentive mechanism to improve the enthusiasm of commercial banks to issue real estate loans and meet the reasonable financing needs of real estate enterprises. On the premise of sufficient funds for the completion and delivery of the project, combined with the credit situation of the enterprise, real estate enterprises are allowed to withdraw funds beyond the supervision quota to pay for the project construction of different plots of the same company and the purchase of land in this city.

　　Nine, support the construction of high-quality housing.In the planning conditions of new land transfer, we should support the construction of the fourth-generation residential buildings, promote prefabricated and energy-saving buildings, encourage residential projects to allocate spaces such as landscape balconies, appropriately increase the construction area that is not included in the floor area ratio, optimize the technical specifications such as the depth of residential balconies and the control requirements of area ratio, and promote the design innovation of new residential buildings.

　　The "Notice" shall be implemented as of the date of promulgation and shall be interpreted by the Municipal Housing and Urban-Rural Development Bureau. Each district can formulate support policies to promote the stable and healthy development of the real estate market in its own jurisdiction in light of the actual situation, and relevant measures can be superimposed with this Notice.

　　Note: Urban agglomerations in the middle reaches of the Yangtze River include Wuhan, Changsha, Hefei, Nanchang, Huangshi, Yueyang, Jiujiang, Huanggang, Zhuzhou, Fuzhou, Xianning, Xiangtan, Yichun, Yichang, Jingzhou, Xiaogan, Ezhou, Tianmen, Xiantao and Qianjiang.