On November 19, the Government issued Decree No. 302/2025/ND-CP detailing the National Housing Fund and measures to implement Resolution No. 201/2025/QH15 dated May 29, 2025 of the National Assembly on a number of specific mechanisms and policies for social housing development.
Accordingly, the Decree clearly states that the Government establishes a central housing fund under the Ministry of Construction, assigning the Ministry of Construction to manage.
The provincial People's Committee establishes and manages the local Housing Fund.
The Fund's financial management mechanism is implemented in accordance with the provisions of this Decree and the provisions of law for public service units.
The Provincial People's Committee decides to establish a new or reorganize or allocate an existing financial fund managed by the Provincial People's Committee, but must ensure operations in accordance with the provisions of Resolution No. 201/2025/QH15 and this Decree.
The newly established local housing fund is a public service unit, implemented in accordance with the provisions of this Decree and relevant laws;
In case of reorganizing the existing financial fund, the provincial People's Committee shall decide on the operating model as a public service unit or the current model of the fund and perform the fund's operational goals and functions as prescribed in Article 5 of this Decree;
In case the Provincial People's Committee decides to assign the existing financial fund to implement the goals of the Local Housing Fund, the fund shall continue to implement the fund's operating model and supplement the fund's operating goals and functions according to the provisions of Article 5 of this Decree;
The fund specified in Point b and Point c of this Clause is responsible for the operations of the local Housing Fund, and is not allowed to use the fund's operating capital to perform tasks other than the fund's operating goals; conduct separate accounting and monitoring of the fund's operating capital.
Legal status, legal status, organizational structure, financial regime and management, use of assets, reporting and accounting regime for local housing funds that are not public service units shall continue to be implemented according to the current operating model of the fund.
The National Housing Fund is a public service unit. The fund is established, reorganized, reorganized, operated and dissolved according to the provisions of this Decree and relevant laws corresponding to the operating model.
The fund has legal status, has its own seal, independent accounting, has charter capital, and is allowed to open an account at the State Treasury and commercial banks.
According to Article 4 of Resolution No. 201/2025/QH15, the National Housing Fund is a state financial fund outside the budget, with legal status, operating not for profit.
The national housing fund includes: Central housing fund established by the Government, local housing fund established by the provincial People's Committee.
The national housing fund is formed from state budget resources, proceeds drawn from the amount equivalent to the value of land funds invested in building technical infrastructure systems to build social housing in accordance with the provisions of the law on housing, from the sale of houses belonging to public assets, from the auction of land use rights as prescribed in Point b, Clause 4, Article 12 of this Resolution; receiving voluntary support sources, contributions from domestic and foreign organizations and individuals and other legal mobilization sources.
