Ho Chi Minh City Proposes Extending Housing Loan Interest Support for Workers to 10 Years
Ho Chi Minh City has drafted a proposal to extend interest rate support for loans to worker housing, social housing, and dormitory projects from 7 to 10 years, and increase the maximum loan amount eligible for support from VND 200 billion to VND 300 billion. The move aims to address housing shortages and encourage private investment.
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- Ho Chi Minh City Proposes 10-Year Interest Subsidy for Worker Housing Loans
Ho Chi Minh City has proposed increasing interest subsidies for worker housing, social housing, and student dorm projects to a maximum of VND 300 billion per project, extending the duration up to 10 years. This move aims to boost housing supply amid tight social housing loan quotas.