Jinan, Shandong: Those who buy high-quality homes can have a maximum public fund loan amount that is increased by 30%.

According to the WeChat public account "Jinan Government Affairs" on May 31st, the Jinan Housing Provident Fund Center of Shandong Province issued a notice on further optimizing the housing provident fund policy. The maximum amount of housing provident fund loans for purchasing high-quality residences will be increased. For those applying for housing provident fund loans to purchase high-quality residences in the city, the maximum loan amount will be adjusted from a 20% increase above the current highest loan limit for families to a 30% increase. The document specifies that for those purchasing high-quality residences, families with multiple children, high-level talents, or purchasing existing homes, the loan amount increase policy can be used in combination, with a maximum loan amount of 1.7 million RMB. The document also proposes to relax the policy for family members' withdrawal of housing provident funds. It supports the withdrawal of down payments for home purchases through intergenerational assistance within families. When contributors purchase self-occupied homes in the city, both spouses' parents and children can apply to withdraw housing provident funds to pay the down payment. It also supports the withdrawal of funds for loan repayment through intergenerational family assistance. Contributors who purchase self-occupied homes in the city and apply for housing loans will further expand the scope of loan repayment withdrawals, extending the eligibility to include the parents and children of both employee spouses.