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Da Nang provides needy people with monetary support to build, repair homes

Da Nang provides needy people with monetary support to build, repair homes

Tuesday, September 24, 2024, 15:17 GMT+7
Da Nang provides needy people with monetary support to build, repair homes
More than 10,000 state-funded social housing units have been put to use in Da Nang City, central Vietnam. Photo: Truong Trung / Tuoi Tre

Da Nang City in central Vietnam will offer VND80 million (US$3,250) per household to support low-income families in building new homes, and up to VND30 million ($1,200) for home repairs, aiming to ensure all residents have access to adequate housing.

So far, the city has constructed over 10,000 social housing units, which account for 70 percent of the total state-owned units nationwide.

Most of these units already have tenants, but there are a limited number available.

In response to local residents raising concerns about the minimum living space requirements, the Da Nang Department of Construction clarified that financial aid is available for home construction and repairs, particularly to people with meritorious services during wartime.

Individuals are eligible for VND60 million ($2,430) for new homes and up to VND30 million for home repairs.

Low-income households can receive more substantial aid, with VND80 million for new construction and up to VND30 million for repairs.

The Da Nang Department of Construction also announced the sale of 98 social housing units in two projects at lot B4-2 in Bau Tram Lakeside Green Urban Area and the Hoa Khanh Industrial Zone.

Da Nang is developing several social housing projects funded by extra-budgetary resources, with some units currently available in Lien Chieu District.

Applications are open until November 10 and war veterans and residents living in deteriorating state-owned apartments are given priority.

In the coming months, the department will assess the public housing inventory and allocate available units to low-income households facing extreme hardship, with further details to be provided to local authorities.

By 2025, the city aims to attract investment in various projects across districts to meet the government’s target of providing over 6,000 social housing units.

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Truong Trung – Nguyen Thu / Tuoi Tre News

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