Nearly VND6.9 trillion (US$313 million) are needed to realise a housing support programme for contributors to the country’s revolution between 2016 and 2018, according to the Ministry of Construction’s Agency for Management of Housing and Real Estate Market.
In the first quarter of this year, as many as 78,456 households benefited from the programme and more than 11,000 others are on the waiting list, including over 5,700 which will build new houses and the remaining eligible for repair and renovation support.
During the second stage from 2016-2018, 265,700 households will receive financial assistance throughout the process.
In the first stage from 2013-2015, the programme assisted around 80,000 households nationwide at a total cost of about VND2.5 trillion (US$113.6 million).
According to the Prime Minister’s Decision No. 22/2013/QD-TTg, the contributors who want to build new houses or make repairs will be offered VND40 million (US$1,800) and VND20 million (US$900) per household, respectively.
Source: VOV