No, it can only be used by yourself or your spouse. The housing provident fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may misappropriate it for other purposes. Employees who have paid housing provident funds can apply for housing provident fund loans from the Housing Provident Fund Management Center when purchasing, constructing, renovating, or overhauling their own homes.

Article 5 of the "Housing Provident Fund Management Regulations" Housing Provident Fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may misappropriate it for other purposes.

The housing provident fund refers to state agencies 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 groups and their employees , long-term housing savings with equal contributions. It has the characteristics of security, mutual assistance and long-term, and is mainly used for employees to purchase, build, renovate, overhaul and decorate their own homes or pay rent

(1) Housing provident fund is only established in urban areas and not in rural areas. Housing provident fund system.

(2) The housing provident fund system is established only for current employees. The housing provident fund system is not applicable to unemployed urban residents and retired employees.

(3) The housing provident fund consists of two parts, one part is paid by the employee's unit, and the other part is paid by the employee personally. After the employee's personal contribution is withheld by the unit, it is deposited into the housing provident fund's personal account together with the unit's contribution.

(4) The long-term nature of housing provident fund deposits. Once the housing provident fund system is established, employees must make uninterrupted contributions in accordance with the regulations while on the job. Except for the employee's retirement or other circumstances stipulated in the "Housing Provident Fund Management Regulations", it shall not be suspended or interrupted. It reflects the stability, uniformity, standardization and mandatory nature of the housing provident fund.

(5) The housing provident fund is a personal housing savings deposited by employees in accordance with regulations and used exclusively for housing consumption expenditures. It has two characteristics:

First, it is cumulative, that is, housing The provident fund is not an integral part of employees' wages and is not paid in cash. It must be deposited into a special account opened by the housing provident fund management center in an entrusted bank for special account management.

The second is the special nature. The housing provident fund is earmarked for special purposes. During the storage period, it can only be used to purchase, build, or overhaul self-occupied housing or pay rent according to regulations. Employees can withdraw the housing provident fund from their accounts only when they retire, die, completely lose their ability to work, terminate their labor relationship with their employer, or move their household registration out of their original city of residence.