On February 16th, Zhengzhou Housing Provident Fund announced that the total amount of housing provident fund loans issued in Zhengzhou in 2024 will reach 20.007 billion yuan, the highest value since its establishment, and the utilization rate of personal loans will reach 98.58%. Among them, the “commercial to public loan” business disbursed 11.936 billion yuan throughout the year, accounting for about 61% of the total loan amount, benefiting 20000 households. In order to support the public’s purchase and consumption of houses, Zhengzhou City has optimized its extraction policies, released an incremental fund of 24.004 billion yuan, and relaxed the criteria for determining the number of housing units and household income.
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