Core Viewpoint - The Guangzhou Housing Provident Fund Management Center and other relevant authorities have announced a new policy to optimize housing provident fund withdrawal regulations, effective from September 28, 2025, aimed at meeting citizens' housing needs and promoting housing consumption [1][15]. Group 1: Expanded Withdrawal Scope - The range of properties eligible for provident fund withdrawal for down payments has been expanded from "pre-sale commercial housing" to include "existing commercial housing, stock commercial housing, allocated affordable housing, and shared ownership housing," covering all types of home purchases [1][15]. - The application process has been simplified, allowing buyers to submit a single set of documents at any service point of the Guangzhou Housing Provident Fund Management Center after signing the purchase contract and opening a bank escrow account [1][4]. - Withdrawals for down payments do not affect the ability to apply for housing provident fund loans, as the withdrawn amount will still be included in the loan calculation [1][14]. Group 2: Elevator Renovation Withdrawal - The policy now allows for the withdrawal of housing provident funds for the renovation of old elevators, in addition to the existing provision for adding elevators to existing residential buildings [2][16]. - Homeowners can withdraw funds after the completion of the renovation, with the total withdrawal not exceeding the actual costs incurred [2][16]. - This initiative aims to better meet residents' needs for improved housing conditions and enhance safety in older residential areas [2].

Core Points - Beijing has experienced extreme heavy rainfall leading to significant casualties and property damage, prompting the implementation of disaster relief and recovery efforts [1] - The Beijing Housing Provident Fund Management Center has introduced two phased support policies to assist affected employees in restoring their living conditions [1] Group 1: Support Policies - The first policy allows employees whose self-owned housing has been damaged to withdraw their provident fund balance for repairs, capped at the total repair cost [1] - For example, if a repair is estimated at 150,000 yuan and the employee's provident fund balance is 100,000 yuan, they can withdraw 99,999 yuan; if the balance is 200,000 yuan, they can withdraw 150,000 yuan [1] Group 2: Rental Assistance - The second policy is for employees whose self-owned housing is temporarily uninhabitable and need to rent accommodation, allowing them to withdraw funds based on actual monthly rent without restrictions on prior contributions or ownership [2] - The monthly withdrawal is limited to the actual rent paid, and if the account balance is insufficient, it will be deducted based on the available balance [2] Group 3: Application Process - Affected employees must apply at the management department of the district where their damaged property is located, or they can use designated bank service points for assistance [3] - These support measures will be in effect until November 30 of this year [3]