The Ho Chi Minh City Department of Construction has just submitted a report to the Ho Chi Minh City People's Committee on amending and supplementing Decision No. 14/2026/QD-UBND to adjust the income coefficient and policies to encourage access to social housing in the area.
The Department of Construction said that the development of the adjustment plan is based on data on per capita income in 2025 provided by Ho Chi Minh City Statistics on May 12.
According to this data, the average income per capita of Ho Chi Minh City is nearly 8.1 million VND/person/month, about 1.36 times higher than the national average and still within the prescribed limits.
From that basis, the Department of Construction develops options for adjusting the income level from 1 to 1.3 to get opinions from agencies and units, as a basis for fully assessing the impact of each option before completing the dossier to submit to the Ho Chi Minh City People's Committee for consideration and decision.
Accordingly, the adjustment coefficient of 1.1 income level will be applied to the subjects specified in Clause 5, Clause 6 and Clause 8, Article 76 of the Housing Law, including low-income people in urban areas; workers and laborers working at enterprises, cooperatives, unions of cooperatives inside and outside industrial parks; cadres, civil servants, and public employees according to the provisions of law.
For cases belonging to the above groups of subjects and having 3 or more dependents in the same household, the proposed income level adjustment coefficient is level 1.2.
Specifically, for unmarried people, certified singles, the average monthly actual income not exceeding 25 million VND/month is adjusted to 27.5 million VND.If they are in the case of having 3 or more dependents, the income threshold is adjusted from 27 million VND/month to 30 million VND/month.
For unmarried people, certified singles and raising children under the age of adulthood, the average monthly actual income not exceeding 37.5 million VND will be adjusted to 38.5 million VND/month.In the case of having 3 or more dependents, it will be increased from 40.5 million to 42 million VND/month.
For married people according to the provisions of law, the total average monthly actual income of husband and wife not exceeding 50 million VND/month will be adjusted to 55 million VND/month.
If there are 3 or more dependents, the income level is adjusted from 54 million VND to 60 million VND/month. Households with 3 or more dependents are also prioritized to choose apartments with large areas or 2 or more bedrooms.
Explaining the proposed amendment, the Department of Construction said that Decision No. 14/2026/QD-UBND currently stipulates both the adjustment coefficient of income level and the specific income level. This may lead to the understanding that it is necessary to continue to take the adjustment coefficient multiplied by the income level specified in Decree No. 136/2026/ND-CP to determine income conditions. This may lead to inconsistent application in the process of receiving, confirming and reviewing social housing dossiers.
The application of the income level adjustment coefficient for all subjects may expand the scope of social housing policy beneficiaries to some cases with relatively or moderate income, thereby reducing access opportunities for groups with real housing difficulties and many dependents.
In the period 2021-2025, Ho Chi Minh City has completed about 17,902 houses, reaching 98% of the assigned target.However, to meet actual needs, in the next 5 years (2026 - 2030), the city aims to develop an additional 181,257 social housing units, 10 times higher than the achieved results of the previous period.
To achieve this huge number, Ho Chi Minh City also proposed a series of breakthrough solutions to shorten the investment process by applying the "green channel" process to cut at least 50% of the time to resolve administrative procedures related to social housing.In addition, Ho Chi Minh City also proposed converting the function of abandoned resettlement houses into social housing.
In addition, supporting lending interest rates from the budget (trusted capital through HFIC) and proposing a separate preferential credit package for social housing for rent with interest rates of about 3-4%/year for a period of 30 years.At the same time, the city will identify and add about 1,000ha of land to develop social housing by 2040, raising the total land fund for this segment to about 1,740ha.
