Nearly 200 people received policy credit loans to buy social housing.

Implementing Decree 100/2024/ND-CP guiding regulations on development and management of social housing under the Housing Law 2023 (replacing Decree 100/2015/ND-CP of the Government on development and management of social housing), up to now, the Vietnam Bank for Social Policies, Quang Ninh branch, has disbursed loans to 2,033 customers with a total outstanding loan balance of over VND 724.3 billion.

The social housing project on Ngan Hang Hill in Hong Hai Ward and Cao Thang Ward (Ha Long City) has basically completed the construction of apartments.

Notably, the Bank for Social Policies, Quang Ninh branch, has disbursed loans to 192 customers to buy social housing at the Bank Hill social housing project in Hong Hai ward and Cao Thang ward (Ha Long city) with a total outstanding loan of over 74.7 billion VND.

With a maximum amount of up to 80% of the contract value, an interest rate of 6.6%/year, and a maximum loan term of 25 years, this loan source will help low-income households reduce their financial burden, creating maximum conditions for workers to have housing and stabilize their lives.

It is known that, up to now, the social housing project of Ngan Hang Hill in Hong Hai Ward and Cao Thang Ward (Ha Long City) has basically completed the construction of apartments and is urgently completing the final items to prepare for handing over apartments, putting the two buildings into operation in May-June 2025. This is the first social housing project in the province to be opened for sale with synchronous and modern technical infrastructure, which is of great significance in meeting the housing needs of policy families, workers, and low-income people in cities.

Cao Quynh

Source: https://baoquangninh.vn/gan-200-nguoi-dan-duoc-vay-von-tin-dung-chinh-sach-mua-nha-o-xa-hoi-3353878.html