Shenyang optimizes and adjusts five housing provident fund loan and withdrawal policies! You can now also withdraw provident funds to buy parking spaces and garages→

Source: Shenyang Release

Shenyang Housing Provident Fund

Announces New Policies

Now You Can Use Your Provident Fund to Buy Parking Spaces and Garages

Starting March 15

Shenyang Optimizes and Adjusts 5 Policies

Regarding Housing Provident Fund Loans and Withdrawals

Including—

✔ Increasing the Maximum Loan Limit for Housing Provident Fund

✔ Removing the Limit on Number of Housing Provident Fund Loans

✔ Supporting Depositors in Purchasing Parking Spaces and Garages

This is a phased policy

Valid until December 31

Shenyang City Optimizes and Adjusts Housing Provident Fund Usage Policies

Press Conference

Held on March 19

Li Zan, Deputy Director of Shenyang Housing Provident Fund Management Center, provided details

To further expand the scope of housing provident fund use, support investment in people and the construction of “good houses,” better support rigid and diversified housing improvement needs, and ensure stable housing for new residents and young people, after review and approval by the Shenyang Housing Provident Fund Management Committee, five policies regarding housing provident fund loans and withdrawals have been optimized and adjusted. The specific details are as follows:

1. Phased Increase of the Maximum Housing Provident Fund Loan Limit

Starting March 15, 2026, for employees who contribute solely to the housing provident fund, the maximum loan limit will be increased from 650,000 yuan to 900,000 yuan; for couples both contributing, from 850,000 yuan to 1,500,000 yuan; for families with three or more members contributing jointly, from 1,050,000 yuan to 2,100,000 yuan.

After the new maximum loan limits are adjusted with a 1.2x multiplier, the limits for individual, couple, and family housing provident fund loans will increase by approximately 25,000 to 105,000 yuan, reaching up to 1.05 million yuan. Key groups such as new residents, young people, high-level talents, and families with multiple children will see significant increases in their loan limits.

2. Expanding Support for “Commercial to Public” Loan Transfers

To effectively expand the benefit groups for “commercial to public” loan transfers, support new residents, young people, families with multiple children, and high-level talents in applying for such loans, they will enjoy the same policy of increasing the loan amount from 1.3 to 4 times the standard, based on their purchase capacity and house prices.

Compared to previous policies, the loan limits for these key groups will be significantly increased, easing repayment pressure for first-time homebuyers.

3. Phased Removal of Limits on Number of Housing Provident Fund Loans

From March 15, 2026, to December 31, 2026, when depositors purchase new homes or apply for “commercial to public” loans, if family members have fully repaid previous housing provident fund loans, there will be no limit on the number of loans, and they can enjoy first-time home purchase down payments and preferential loan rates. This policy will benefit more groups seeking to improve their housing.

4. Phased Support for Depositors in Purchasing Parking Spaces and Garages

To meet diverse housing funding needs and expand the scope of provident fund withdrawals, starting March 15, depositors and their spouses can withdraw to pay for parking spaces and garages within the city for their own residences, provided the purchase is within the same community. If purchasing a space or garage without property registration, they can withdraw within one year of the purchase, with a maximum total withdrawal of 30,000 yuan for both spouses. If purchasing a registered property, support will follow the relevant policies for home purchases, including loans or withdrawals.

Additionally, support for purchasing multiple parking spaces or garages for multiple homes is available, with one space or garage supported per property.

5. Increased Withdrawal Limits for Renting

To meet the high-quality rental needs of new residents and young people, the withdrawal limit for single depositors who have not registered their rental housing will be increased from 1,600 yuan/month to 2,000 yuan/month. Depositors who have already withdrawn under the previous limit before the policy adjustment will continue to use the original amount.

These five policies will be implemented from March 15, 2026. Withdrawals for parking spaces and garages will start accepting applications from April 10, 2026. Increasing the maximum loan limit, removing the limit on the number of loans, and supporting purchases of parking spaces and garages are phased policies valid until December 31, 2026. If national policies are adjusted during this period, the national policies shall prevail.

Next, the Shenyang Housing Provident Fund Management Center will continue to optimize policy supply, expand the scope of provident fund use, and better meet residents’ diverse and full-scenario housing consumption needs.

At the press conference, questions from reporters were also addressed:

Q: How do these three new loan policies differ from previous ones? What role will they play in supporting real estate development and homebuyers?

A: Shi Xin, Deputy Director of Personal Loans at Shenyang Housing Provident Fund Management Center: This round of new policies is a deep adjustment aligned with national housing fund reform, focusing on new social needs. Compared to previous policies:

• The maximum financing amount is now fully satisfied at once, with the highest loan limit increased from 650,000 yuan to 900,000 yuan for individuals; from 850,000 yuan to 1.5 million yuan for couples; and from 1.05 million yuan to 2.1 million yuan for three or more family members. The limits for the three types are increased by 25,000, 65,000, and 105,000 yuan respectively. After applying the housing fund loan policy coefficients, the loan amounts will be significantly higher.

• The policy advantages for key groups—new residents, young people, families with multiple children, and high-level talents—are combined, with their loan limits increased simultaneously. They can enjoy “commercial to public” loan increase policies from 1.3 to 4 times, effectively reducing repayment pressure.

• Precise support for improving housing needs: if no existing unpaid housing provident fund loans are present, applying for a new loan will not consider previous loan counts and will follow first-time home purchase policies. This greatly reduces down payment and monthly mortgage burdens, effectively supporting rigid and improvement needs. For the real estate market, this can release reasonable housing demand, boost market confidence, promote healthy supply and demand cycles, and help stabilize the market.

Q: Using the housing provident fund to buy parking spaces or garages is a brand-new withdrawal policy. Can you elaborate?

A: Li Xiaoyan, Head of Fund Raising Department at Shenyang Housing Provident Fund Management Center: Regarding the policy of withdrawing housing provident fund to pay for parking spaces or garages, here are some key points:

• About withdrawal timing: For purchasing spaces or garages without property registration, withdrawals can be made within one year of the purchase. For commercial housing, the date of signing the sales contract applies; for second-hand homes, the date of issuance of the “Real Estate Ownership Certificate” applies. For spaces or garages with property registration, withdrawals can be made from the date of obtaining the “Real Estate Ownership Certificate.”

• About withdrawal limits: Applicants and their spouses can each withdraw once for the same space or garage. For spaces or garages without property registration, the total withdrawal for both spouses cannot exceed 30,000 yuan per space/garage; for registered spaces or garages, the withdrawal amount should cover the actual purchase cost.

• For depositors with existing housing provident fund loans: priority should be given to repaying the housing loan when withdrawing. Therefore, depositors with outstanding loans should reserve three months’ worth of housing fund repayment in their accounts when applying for space or garage withdrawals, and then proceed within the remaining available amount.