Core Points - The Beijing Housing Provident Fund Management Center has announced a new policy to expand the pilot program for direct payment of housing rent using provident fund contributions, aiming to better meet the rental housing needs of contributors [1][2] - The pilot program, launched on January 20, 2025, has received positive feedback, with 488 applications processed and nearly 5.5 million yuan withdrawn, predominantly benefiting young renters [1][2] Summary by Categories Policy Optimization - The new policy includes increased frequency of rent payments, allowing quarterly direct payments to landlords for those on a quarterly rental payment schedule [2] - The application period for the direct payment program has been extended to include all contributors with valid rental contracts [2] Expansion of Pilot Program - The number of participating rental housing institutions has increased from 3 to 4, with the addition of Beijing Ziroom Housing Rental Co., Ltd [2] - The pilot program now covers all rental housing institutions in the city, allowing any willing institution to participate after meeting system integration and business standards [2] Implementation Timeline - The new policy will be effective from July 15, 2025, superseding any previous inconsistent policies [3]

Core Viewpoint - The Beijing Housing Provident Fund Management Center has announced an expansion of the pilot program for direct payment of housing rent using provident fund withdrawals, aimed at optimizing withdrawal measures and increasing the scope of the pilot program [1] Summary by Relevant Sections Optimization of Withdrawal Measures - The frequency of rent transfers has been increased to "quarterly direct payment" - After applying for "direct rent payment," the provident fund center will transfer the available provident fund to the housing rental agency's account based on the rental payment cycle specified in the registered housing lease contract, either monthly or quarterly [1] Expansion of Pilot Program Scope - The application period for the "direct rent payment" service has been extended to the validity period of the registered housing lease contract - From the date of this announcement, any contributor with a valid housing lease contract can apply for the "direct rent payment" service, which also supports the handling of existing contracts and expands the coverage of the service [1] Payment of Rent Difference - The portion of the housing provident fund that can be withdrawn to cover the rent difference must be negotiated between the contributor and the pilot housing rental agency [1]