The Government clarifies that the procedures for appraising selling and renting prices of social housing are still prolonged

CAO NGUYÊN |

Despite achieving remarkable results, the development of social housing still has many limitations, in which the procedures for appraisal of selling and rental prices are still prolonged.

The Government has submitted a Report on the draft Resolution of the National Assembly on piloting a number of specific mechanisms and policies for the development of social housing (NOXH).

According to the synthesis of reports from localities, in the period from 2021 to present, 657 social housing projects have been implemented nationwide with a scale of 597,152 units.

To ensure the development of social housing meets the needs of people, especially low-income people, policies and mechanisms related to social housing development have been basically studied, advised, and submitted to competent authorities to issue relatively complete guiding documents, with many innovations and synchronization with relevant laws.

Despite achieving some important results, the development of social housing still has some shortcomings and limitations.

Typically, the procedures for selecting investors for social housing and housing construction investment projects for the People's Armed Forces are still complicated and prolonged; Social housing construction investment projects must carry out planning procedures one by one.

Social housing construction investment projects must fully implement procedures for investment preparation, investment, and construction of social housing as commercial housing projects.

Or the process of implementing procedures for appraisal of selling and renting social housing prices is still prolonged.

According to a number of localities and investors, the appraisal of selling prices, rental prices at the time of housing is eligible for sale and leasing purchased according to the provisions of Clause 4, Article 87 of the Law on Housing in 2023, which has difficulty due to the exact determination of the costs accounted for into the social housing price.

Cost of investment in construction of social housing works; cost of investment in construction of technical infrastructure systems, social infrastructure implemented by investors of social housing construction investment projects (if any); cost of sales organization, cost of business management... are only accurately determined when the construction investment has been completed.

At the time of appraisal of selling price and rental price (the time when the house is eligible for sale in the future - the time of completing the foundation construction) these costs are only of an estimated and forecast nature.

The accuracy of determining the investment costs for social housing construction has led to many difficulties in determining social housing prices and the maximum standard profit of investors (10% of total social housing investment capital), leading to many difficulties for the specialized agency of the provincial People's Committee to appraise social housing prices.

Currently, localities are implementing the following direction: at the time the investor submitted the application for appraisal of social housing prices, the specialized agency of the Provincial People's Committee conducted the first appraisal (temporarily).

After the project is completed and put into use, the investor implements the audit, approves the settlement of the project's expenses as prescribed and sent to the specialized agency of the provincial People's Committee where the project has to check the selling price, the rental price of social housing;

In case the selling price, the rental price of social housing according to the audit results, approving the settlement is higher than the price because the investor has signed the contract, the investor must not collect extra; In case of lower, the investor must re -sign the contract or adjust the supplementary appendix of the contract and must return the difference to the buyer and rent a house. This is essentially a second -time social assessment.

This leads to a prolonged appraisal time; causing difficulties for investors due to having to conduct appraisal twice, investors cannot proactively plan business and cash flow of the project; putting pressure on the local agency responsible for appraising social housing prices.

Therefore, in simple cases, this procedure will be reduced by 30 - 90 days compared to current regulations.

CAO NGUYÊN
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