Can't use it. You can't use provident fund loans to buy parking spaces and garages. Housing provident fund is a long-term housing deposit paid by units and employees, which is applicable to employees' purchase, construction, renovation, overhaul and decoration of (new) self-occupied housing, and no unit or individual may use it for other purposes. Under the current laws and regulations, provident fund loans cannot be used to buy things other than housing. The housing accumulation fund stipulated by the state refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund is under any of the following circumstances: (1) purchasing, building, renovating or overhauling self-occupied housing; (2) retirement; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income. In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.

The housing provident fund loan amount shall be subject to quota management, and each provident fund loan amount shall meet the following quota standards at the same time:

1, which shall not be higher than the maximum loan limit and the maximum loan ratio determined according to the number of houses and the total house price;

2. It shall not be higher than the loan amount determined according to the deposit time and balance of the housing provident fund of the borrower and spouse;

3. It shall not be higher than the loan amount determined according to the repayment ability of the borrower and spouse;

4 shall not be higher than the maximum loan amount of the provident fund determined by the CMC in that year. The housing provident fund loan amount is the lowest value after the above four limits are integrated.