It is known that, from 2 July, the Housing Provident Fund Management Centre of Tsuda City adjusted the formula for calculating the housing reserve loan line。

Before adjustment:

Housing Provident Fund loan line = sum of the balance of the Housing Provident Fund account of the current working couple x 2 + the current monthly contributions of the borrowing claimant couple x the total number of months from the current date of statutory retirement x 1 × liquidity adjustment factor。

Adjusted:

Housing Provident Fund loan line = sum of the balance of the Housing Provident Fund account of the current working couple x 2 + average amount paid by the couple during the six months preceding the application for the loan x total number of months to the date of legal retirement x 1 x liquidity adjustment factor。

Source: Sumda City Housing Fund Management Centre