B · Normal
[Chongqing: Increase development loan support for existing home sales projects and safe, comfortable, green, and smart "good house" projects] On November 6, the Chongqing Municipal Housing and Urban-Rural Development Commission and other departments jointly issued the "Implementation Opinions on the Implementation of the Notice on Improving the Commercial Housing Sales System." It proposed to increase financing support. Implement the host bank system. Real estate projects implement a sponsoring bank system, with two-way selection between the real estate project development company and the sponsoring bank. A project determines a sponsoring bank, and the sponsoring bank alone or takes the lead in forming a syndicate to provide development loans and other financing services. Increase development loan support. Meet the reasonable financing needs of projects in accordance with market-oriented principles and achieve development loan issuance that matches the project construction cycle. Increase support for development loans for existing home sales projects and safe, comfortable, green and smart “good house” projects. The lending bank should reasonably determine the loan amount and lending nodes based on the project construction progress, and issue development loans in batches. The loan funds should be entrusted to be paid to the project company's transaction partner account through the capital account opened at the host bank.
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