Tianjin Encourages Banks to Provide Group Purchase and Business Loans for Housing Rentals

Deep News04-30 19:11

On April 30, multiple departments in Tianjin jointly issued a notice on optimizing the city's real estate supply and promoting housing consumption. The notice mentioned that financial support for acquisition and revitalization will be increased, encouraging commercial banks to issue group purchase loans for housing rentals and business loans for housing rental operations. It supports housing rental enterprises in issuing bonds in accordance with the law, specifically for acquiring existing commercial housing to be used as rental properties. Eligible rental housing projects are encouraged to recover funds through methods such as asset securitization and franchise right transactions, thereby expanding the scale of existing commercial housing acquisitions and achieving sustainable development.

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