On August 19, the People's Government of Xingtai City, Hebei Province issued the "Five Policies and Measures on Supporting the Virtuous Cycle and Healthy Development of the Real Estate Industry" (hereinafter referred to as the "Measures").
The "Measures" propose to coordinate epidemic prevention and control and support reasonable housing purchase needs. During the epidemic prevention and control period, real estate development companies and real estate brokerage agencies are encouraged to actively build trading platforms, clearly mark prices for online sales, publicize "one price per house", and provide home buyers with online remote viewings, price inquiries and negotiations, and house selection locks. Housing and other services are provided, and electronic signature technology is used to sign housing sales contracts online to provide convenience for home buyers.
Optimize the channels for raising resettlement housing and affordable rental housing. Counties (cities, districts) are supported to implement city-specific policies based on local actual conditions, and use existing commercial housing as an important channel to raise funds for shantytown renovation, urban village renovation resettlement housing, and affordable rental housing. Allow the resettled people to choose independently among monetary resettlement, physical resettlement in other places, and return resettlement.
In order to fully protect the reasonable housing needs of introduced talents, Xingtai City allows introduced talents who mainly live locally and secondarily live in the place of relocation to purchase their first house in the local area. For introduced high-end talents [the specific scope is determined by each county (city, district)], each county (city, district) can, based on actual conditions, increase the maximum loan amount of the housing provident fund when they purchase their first home; for those who rent a house locally, , rent subsidies can be provided.
In order to meet the reasonable capital needs of real estate, we will increase the amount of qualified personal housing mortgage loans to meet financing needs in a timely manner. Reasonably determine the minimum down payment ratio for commercial personal housing loans, and implement the requirement that the lower limit of the interest rate for the first commercial personal housing loan be reduced by 20 basis points by referring to the loan market quote interest rate for the same period. Reasonably meet the loan needs of real estate development enterprises. Increase the supply of working capital loans to construction companies.
Make good use of green financial policies to support the development of green buildings. For green building projects that are within the scope of green finance support, such as ultra-low energy buildings, star-rated green buildings, renewable energy applications in buildings, prefabricated buildings, and energy-saving and green transformation of existing buildings, the project evaluation time will be advanced to solve the problem of green buildings. To solve the problem of mismatch between evaluation time and project financing needs, projects can be supported to enjoy green financial policies such as credit lines, credit scales, and interest rate pricing in a timely manner.
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