The Ministry of Justice is reviewing 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 draft submission of the Ministry of Construction, in the period from 2021 to present, 657 social housing projects have been implemented nationwide with a scale of 597,152 units.
Of which, 103 project projects have been completed with a scale of 66,755 units; 140 project projects have started construction with a scale of 124,352 units; 414 project projects have been approved for investment with a scale of 406,045 units.
Thus, with the number of 66,755 apartments completed, it has so far only reached about 15.6% of the Project's target by 2025.
Although some important results have been achieved, the development of social housing still has some shortcomings and limitations such as: No Financial Fund to support financial resources for localities and enterprises to implement social housing projects.
Based on the above legal regulations and practices, it is necessary to establish a "National Social Housing Development Fund" from the State budget and other legal capital sources to resolve the above problems, while creating a sustainable and long-term source of capital for social housing development.
The draft states that the procedures for selecting investors for social housing construction investment projects are still complicated and take a long time.
Accordingly, currently, the selection of investors for social housing construction investment projects is carried out in accordance with the provisions of Article 84 of the 2023 Housing Law, in the form of: Assigning investors for commercial housing construction investment projects to directly invest in social housing construction (for the 20% land fund in commercial housing construction investment projects).
Approved investment policy, and at the same time approved investor as investor when having land use rights. To be approved as an investor when only 1 investor is interested according to the provisions of the law on bidding. Bidding in cases where 2 or more investors are interested.
stipulated in Article 84 of the Housing Law 2023, in case there are 2 or more investors interested, it is necessary to select investors according to the provisions of the law on bidding.
The draft clearly states that one of the limitations is that bidding prolongs the project implementation time without bringing economic and social efficiency, even causing waste of land resources due to slow use.
In fact, during the process of organizing conferences on removing difficulties and promoting the real estate market, many reflections and recommendations from large enterprises in the field of social housing development were recorded.
According to the company's reflection, currently, the regulations on procedures and time to develop a social housing project are quite large.
It is estimated that the implementation period in order from the investment policy approval step to the selection and signing of the project contract with the investor is about 300 days.
To speed up the investment progress in the construction of social housing, completing the goal of the 1 million social housing apartments project, the Ministry of Construction proposed to pilot the assignment of investors without bidding to select investors as proposed in the draft Resolution.
Accordingly, it is expected that the implementation of assigning investors without bidding will be cut by about 200 days to 241 days, corresponding to 70% - 100% of the bidding time for selecting investors.
The Ministry of Construction also proposed to remove the steps of establishing, appraising, and approving detailed planning tasks; remove the procedures for appraisal of feasibility study reports of specialized construction agencies.
