Proposing a social housing loan package is a security policy

There are many problems about project implementation procedures

In 2024, Ho Chi Minh City had only one social housing project approved for investment policies, and accepted the investor as the Le Thanh - Tan Kien socialist project in Binh Chanh district.

However, in order to get an investment certificate, the investor, Le Thanh, has pursued the project since 2018. , the project is still motionless because the People's Committee of Binh Chanh district has not approved the detailed planning of 1/500 scale, so it has not been granted a construction permit, has not yet been constructed.

The investor of another project has an area of ​​27ha, with an investment of more than VND 2,700 billion in Binh Duong, this project includes an apartment building and a townhouse, of which the general housing is full of utilities for Lao people. The cave in Binh Duong has a price of about 700 million VND/unit. However, in order to do this project, this investor had to pursue a legal procedure for 8 years.

It is known that Ho Chi Minh City set targets to 2030 to invest in construction from 69,700 - 93,000 social houses. However, up to now, only 10 projects have been implemented, of which 6 projects are completed, and 4 projects are being implemented with about 6,000 units.

The leader of Ho Chi Minh City also judged that this is a very modest result, the reason for the problem in many stages from the planning, approving the investment policy, the process of implementing land procedures ... Social housing.

Realize the opportunity to own social housing for workers

Mr. Le Huu Nghia - Director of Le Thanh Company - said that it is necessary to accelerate the procedures for developing social housing, reducing the time to complete the application. He proposed to remove legal and support preferential capital for both investors and buyers. With new laws, businesses expect to be exempted from price determination, use and land rent, helping to promote supply. At the same time, investing in the average housing will promote the recovery market in 2026.

According to Dr. Nguyen Duy Phuong - DG Capital Investment Director - the development of social housing projects always needs cheap capital for low -income people to borrow houses and investors to create a supply of social housing. "Without the support of the State, the income is quite difficult to buy social housing, not to mention the low -income person. billion, while low -income people, workers in industrial parks are very limited, so it is difficult to buy houses. In order for low -income people to borrow home loans " - Dr. Nguyen Duy Phuong said.

Regarding preferential interest rates to buy, hire, build social housing, the viewpoint of this financial expert should apply the interest rate from 4.8 - 5%, low -income people, new workers can access House loans. Because with low income, people still have to worry about daily living expenses, for children to go to school, so the savings of home buying are very limited.

Dr. Phuong proposes to consider the social housing loan package as a security policy, not adding bank expenses to interest, even the State should compensate for a part to increase the feasibility. The loan term should last 25 years so that buyers can easily manage. At the same time, it is necessary to source cheap capital for businesses to invest in social housing, help increase supply, pull housing discounts. For profit limited to 10%, preferential credit will encourage businesses to participate in building this segment.