Vietnam approves $5.1bn credit package for social housing projects

March 14, 2023

The credit package is part of the government’s solutions to develop social housing projects, helping boost the safe, healthy, and sustainable development of the local real estate market. The loans will be provided to investors and buyers of social housing, houses for workers, and old apartment rebuilding projects. The resolution will pave the way for the handover of land for social housing projects, the selection of investors for these projects, and the determination of their selling prices and rentals. It will also include incentives for investors of social housing projects and criteria for those enjoying preferential policies. It will also include incentives for investors of social housing projects and criteria for those enjoying preferential policies.

The source of this news is from Tuoi Tre News