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 that are eligible to borrow capital from the 120,000 billion VND credit program.
Illustration photo. (Source: DK)
Specifically, there are 3 social housing project investors 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 2,776 billion VND, of which the social housing project for low-income people is 910 billion VND; social housing for workers to rent is 700 billion VND and the apartment renovation and reconstruction project is 1,166 billion VND.
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