The Yangtze River Delta Ecological Green Integration Development Demonstration Zone began to withdraw housing provident fund to pay for renting houses in different places.

In order to implement the development strategy of integrated countries in the Yangtze River Delta, further improve the service level of regional integration development, serve the talent flow and industrial development in the Yangtze River Delta region, and support the rental demand of employees, The Management Committee of the Yangtze River Delta Ecological Green Integration Development Demonstration Zone, the Shanghai Housing Provident Fund Management Committee, the Suzhou Housing Provident Fund Management Committee and the Jiaxing Housing Provident Fund Management Committee jointly issued the Notice on Leasing and Withdrawing Housing Provident Fund from Different Places in the Yangtze River Delta Ecological Green Integration Development Demonstration Zone (Demonstration Zone Executive Committee [2022] 12), and innovated the pilot to support employees to withdraw housing provident fund from different places in the Yangtze River Delta Ecological Green Integration Development Demonstration Zone (hereinafter referred to as the "Integrated Demonstration Zone") for payment.

The "Notice" clarifies that the pilot areas are Qingpu District of Shanghai, Wujiang District of Suzhou City, Jiangsu Province, and Jiashan County of Jiaxing City, Zhejiang Province. Employees and their spouses who meet the following conditions (hereinafter referred to as the applicant) can apply for withdrawing the amount stored in the applicant's housing provident fund account to pay for renting in different places: the applicant meets the conditions for withdrawing the housing provident fund and paying it into the city lease; Either party of the applicant pays the housing accumulation fund in the comprehensive demonstration area; The applicant has no self-owned housing in the housing rental city, and rents housing across regions in the comprehensive demonstration zone. The extraction method and quota of off-site lease in the comprehensive demonstration area shall be implemented with reference to the extraction method and quota of the deposit city.

In the process of handling, the applicant applies to the deposit provident fund management institution. After the deposit provident fund management institution accepts it, relying on the "inter-provincial operation" working mechanism of the housing provident fund, the housing situation of the applicant's family (including single families) is verified, and the housing lease registration is filed with the rental provident fund management institution. After verifying the situation, the public accumulation fund management institution of the leased place will feed back the information to the public accumulation fund management institution of the deposit place. If approved, the withdrawal funds will be transferred to the applicant's account as required.

The housing provident fund centers in Shanghai, Suzhou and Jiaxing formulate specific operation methods or business guidelines according to the Notice, promote cross-regional and inter-departmental information investigation, and provide convenient services for employees. For specific business, please inquire about the housing provident fund in official website or call the local housing provident fund hotline (Shanghai and Suzhou tel: 12329, Jiaxing tel: 12345).