It's not possible to get 100,000 dollars out of the pool account. This is a terrible thing that has been suffocating families for years. On 23 september 2026, the managing board of the changsha city housing provident fund issued the commission [2026] paper no. 12, on the introduction of two new withdrawals for renovations and property costs, and the simultaneous optimization of the seven current policies of intergenerational solidarity, direct purchase of housing, loanable loans and commercial transfers, effective 23 october and valid for five years。
A one-time withdrawal of $216 for the house renovation
Under the new deal, families of depositors can apply for a one-time withdrawal of a lump sum of $1,500 per square metre, up to a single set of $216,000, for the full renovation of their first or second home. Pay attention to the hard rule of "no, no, no, no, no, no, no, no。
There are clear thresholds for applications. The first registration of home ownership must take place within five years of the date of the family name, and the property registered before 2022 is directly outside the scope of application. The time limit for applications is one year after the contract for the renovation is signed and only once per family. The list of materials is one in four: real estate certificates or registered contracts for the sale or purchase of real estate, renovation contracts, proof of entry for renovations issued by the property and invoices for renovation costs。
It's 3,000 a year. Room
The new deal allows families with contributions to draw an annual provident fund to pay for their own property, up to a ceiling of $3,000 per year, with only one set of applications. If you have two rooms in your name, you can't mention 3,000 each, you can only choose one. The $2,400 per year for property costs and the $4,800 per year are only 3,000, which is more than partially offset. The frequency is annual, not monthly or quarterly。
There is a pre-encumbrance that is easy to ignore: households with outstanding provident fund loans, property charges are not directly supported and renovations are similarly restricted. The policy logic is clear: the pool has to keep the loan liquid, and it will not be mentioned until it is repaid. Once the loan has been fully closed, the application will be returned and the two restrictions will be implemented together。
Taxes and property-specific maintenance funds
The initial or second home is now subject to a one-time withdrawal, up to the amount actually paid. Special maintenance funds for the construction of new commodity houses in changsha are generally deposited at 2 to 3 per cent of the purchase price, and a house of 1 million is about 20,000 to 30,000. The money was used to remain in the flat, and can now be offered to ease the cash flow of the purchase。
In terms of tax rates, 1 per cent for the first flat, 1 per cent to 2 per cent for the second flat, and between 10,000 and 20,000 for the same $1 million. For many long-salary families, the tax and maintenance funds come out of tens of thousands at once, under considerable pressure. By including these two packages in the drawing line, the new deal has reduced the cash flow burden for families at the time of the purchase of the house, without having to wait for the tax refund process。
I've made two self-housing arrangements
In the past, changsha used to have only one home in the city for business transfer and the threshold was very dead. It has now been eased: families with no more than two self-employed households can apply for public loans, including a combination of loans. If your first flat is still repaying a loan, the interest rate is about 3 per cent, and after conversion to the provident fund is reduced to 2. 6 per cent, the $1 million loan is calculated at 30 years, the total interest difference is tens of thousands of dollars, and the monthly contribution can be saved by hundreds。
At the same time, the policy optimizes the "loanable" rule: when buying a first or second set of first-hand rooms, you can apply for both house-buying and equity loans and run along two lines. This means that the money in the down payment of the provident fund account is presented and the rest of the loan is made by the provident fund. For an improved family that already has a set of homes to replace, the replacement threshold and the down-front financial pressure are substantially reduced。
Intergenerational solidarity extended to hunan province
Previously, intergenerational solidarity had required owners to contribute to the fund in changsha, and family members working in other hunan cities could not help. It has now been extended: the owner buys a first or second first-hand room in hunan province, and both parents and children can draw their own pension. You work in yueyang, you buy a house in changsha, your parents pay a deposit in changsha, and you can get a down payment。
In addition, a first or second first-hand home is purchased in frou, tiancai, paifeng, and rainstorm v, which can be paid directly from the provident fund to cover the cost of the house without a cash advance. The number of units was also found to be optimal: when the district in which the house was purchased had its own home, and a handhold had been purchased to apply for a provident fund loan, the number of units had been reduced by 1 and the improved operating space for families across the districts had become significantly larger。
What's the long-salt standard for the nation
As of 24 september 2026, more than 30 municipalities and autonomous regions throughout the country had a policy of retrofitting and extraction in public. Beijing approved 50 per cent of the amount invoiced for fit-out vat, with a single set cap of 250,000, with a 10-year interval between applications and rigid restrictions on the qualifications of the construction enterprise. Nanning, han china sea and pearl sea are all approved at $1,500 per square metre, with a ceiling of 200,000 and a limit of only eight years for certification, making the age requirement more relaxed。
Changsha, with a ceiling of 216,000, is at a moderate national level. However, the five-year property limitation period was hard-limited, with eight years less than in the case of han, and property registered before 2022 was blocked directly from the door. However, the strength of changsha is to move forward on the seven policies of fit-out, property fees, tax returns, maintenance funds, intergenerational solidarity, business transfer and loanable financing, which form a combination of a full-cycle residential package, not a single champion, but a systemic lead。
Is your property registered for the first time before or after 2022? Neither the renovation nor the drawing of property costs will be used for the time being if the provident fund loan is still outstanding. How much do you spend a year on your property? The comment section said that it was useful to talk about your situation, and to send it to a friend who was still on loan。
