Shanghai Municipal Federation of Trade Unions proposal: Provident Fund can also be used for affordable down payment

Shanghai's first batch of affordable housing purchase has been in Xuhui, Minhang two areas of pilot, however, a considerable number of employees in line with the requirements of the family economy are very difficult, even in the affordable of price concessions, many families will still encounter pay informer payment, repayment pressure and so on.　　Shanghai Municipal Federation of Trade Unions proposed that the first payment of the workers to buy affordable housing funds to withdraw the scope, allowing workers in the purchase of affordable Housing Provident Fund account of the storage balance used to pay the first purchase.　　The City Federation of Trade Unions believes that the Housing Provident Fund system as an important part of the housing security system, but often only a part of the ability to buy, the economic conditions of relatively good people can benefit, the protection of low-income workers housing support effect is not obvious. Therefore, in the proposal, the City Federation of Trade unions proposed to relax the conditions for the withdrawal of Provident Fund, the workers to buy the first payment of affordable Housing Provident Fund to extract the scope, allowing employees to buy housing in the Home Provident Fund account of the savings in the balance used to pay the first purchase, So that more in line with the purchase conditions of low-income families can afford affordable housing.