Housing Provident Fund directly pays the rent, and online businesses switch to composite loans. Multiple new housing provident fund policies are implemented in Changsha, Hunan.

On December 8, the Changsha Housing Provident Fund Management Committee and the Changsha Housing Provident Fund Management Center announced three new policies. The new policies clearly optimize the criteria for determining the number of housing units. When families with two or more children apply for a housing provident fund loan to purchase a new commercial housing in Changsha, one unit of existing housing in Changsha can be deducted from the number of units recognized, and the corresponding interest rate will be applied after the deduction. At the same time, for out-of-town workers who deposit their housing provident fund in Changsha and apply for a housing provident fund loan to purchase a house in Changsha, there is no longer a need to check the housing situation of the primary borrower's deposit location. Only the local housing registration information in Changsha is used to determine the number of units, further reducing the threshold for out-of-town home purchases. Changsha has introduced a new business bank housing loan to provident fund combination loan service, using a sequential mortgage model for processing, depositors do not need to raise funds to settle the original loan before applying. To ease the pressure of renting, Changsha has officially launched a housing provident fund direct payment for rent service. Depositors who meet the requirements for renting withdrawals and rent directly from cooperative projects can apply through WeChat public account or service outlets.