The completed houses, belonging to 181 social housing projects, span a total of over 4.8 million square meters, according to a report sent to the Ministry of Planning and Investment.

A social housing project in Ho Chi Minh City.

The construction ministry said localities are deploying another 291 social housing projects, with around 271,500 houses and spanning over 14.5 million square meters.

In accordance with the project of building a million social homes, by 2025 there will be around 428,000 such homes, increasing to around 634,200 homes by 2030.

Regarding a credit package worth VND120 trillion ($4.97 billion), the construction ministry said 11 localities have announced their list of 24 projects eligible for preferential loans, with a loan demand of around VND12.4 trillion.

The Vietnam Bank for Social Policies said it had disbursed around VND4.4 trillion for over 12,000 customers to borrow money to buy or rent social homes, among other purposes.

Bac Giang to build 75,000 social housing units

Bac Giang, where major foreign companies, including Apple supplier Foxconn and Samsung Electronics supplier SI Flex, have manufacturing facilities, plans to build 75,000 social housing units by 2030.

Bac Giang mobilizes sources to care for workers’ housing demand

(BGO) – As an industrial development province, Bac Giang attracts hundreds of thousands of workers from other provinces and cities. To help them comfortably stay and work at the business for long time toward stable production, the province considers development of social house for workers an urgent key task.

Social housing projects seek loans from $5B credit package

Thirty-seven social housing projects have qualified for loans from the VND120 trillion ($5.07 billion) credit package that the government has set aside to boost affordable home supply.

Construction kicked off for 9 social housing projects in H1

Nine projects on social housing and housing for workers in industrial zones saw their construction started between January and June, expected to offer 18,768 units to the market.

PM attends ground-breaking ceremony for worker housing project in Bac Giang

On the afternoon of June 16, Prime Minister Pham Minh Chinh attended the ground-breaking ceremony for the second phase of a worker housing project in Viet Yen District, Bac Giang Province.

Source: VnExpress