Guangzhou: the maximum amount of provident fund loan for families with two children and above to buy the first suite is to be raised by 30%.

[Guangzhou: the maximum amount of provident fund loans for families with two children and above to buy the first suite is scheduled to rise by 30 percent]. The Guangzhou Housing Provident Fund Management Center issued a public announcement on the 28th on soliciting the opinions of the Guangzhou Housing Provident Fund Management Center on the implementation of the Family support Policy for two Children and above. According to the draft for soliciting opinions, in order to implement positive fertility support measures, families in Guangzhou that have two or more children (at least one child is underage) use housing provident fund loans to purchase the first self-occupied housing, the maximum amount of housing provident fund loans has increased by 30%. Other loan conditions and requirements are implemented in accordance with the Guangzhou housing provident fund loan policy, valid for 5 years. The consultation period will be from April 29 to May 11, 2023.