The Ho Chi Minh City Department of Construction has just reported to the Ho Chi Minh City People's Committee on the initial results of implementing a number of solutions to remove obstacles and promote the real estate market in the area.
Of which, the Ho Chi Minh City Department of Construction announced 6 social housing projects, worker housing projects, and apartment renovation and reconstruction projects eligible for loans from the VND120,000 billion credit program.
Illustration photo. (Source: DK)
Specifically, there are 3 investors of social housing projects eligible for loans: Nguyen Son Real Estate JSC, Dien Phuc Thanh Construction and Housing Trading LLC, and Duc Manh JSC.
In addition, the investor of the project to build houses for workers to rent, Thu Thiem Group JSC, and two investors of the project to renovate and rebuild apartments, Duc Khai Tan Binh JSC and DownTown Real Estate JSC, are also eligible to borrow the VND120,000 billion credit package.
The total proposed loan amount for the above projects is VND2,776 billion, of which the social housing project for low-income people is VND910 billion; social housing for workers to rent is VND700 billion and the apartment renovation and reconstruction project is VND1,166 billion.
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