Binh Duong announces projects proposed to receive preferential loans for social housing development

4 projects proposed for preferential loans

Regarding the appraisal of projects eligible for preferential loans of the 120,000 billion VND loan package, the People's Committee of Binh Duong province recently agreed with the proposal of the Department of Construction of this province and announced the list of social housing development projects proposed to receive preferential loans in the province.

Specifically, the 4 projects just announced by Binh Duong Provincial People's Committee include:

Tan Dong Hiep Social Housing Apartment Complex, invested by Toan Thinh Phat Housing Development and Trading Company Limited, has a total construction area of ​​over 4,700m2, with a total of 882 apartments with a loan demand of over 537 billion VND;

An Sinh Social Housing Area in Chanh My Ecological Urban Area Phase 1 (Chanh My Ward, Thu Dau Mot City) invested by Housing and Urban Development Investment Corporation, has a total construction area of ​​over 7,142m2, a total number of apartments of 978 with a loan demand of 390 billion VND;

The adjacent social housing area of ​​Cau Do residential area project (Ben Cat Town) invested by Thuan Loi Investment and Development Joint Stock Company has a total construction area of ​​over 31,300m2, a total number of houses of 276 with a loan demand of over 132 billion VND;

The adjacent social housing area belongs to the Thuan Loi 2 commercial housing project (Ben Cat Town) invested by Thuan Loi Investment and Development Joint Stock Company, with a total construction area of ​​over 30,000m2, a total number of houses of 249 with a loan demand of over 121 billion VND.

Many provinces have announced the list.

Previously, at the end of May 2023, Bac Giang and Ba Ria - Vung Tau were the first two provinces to announce a list of projects in need of preferential loans from the VND 120,000 billion loan package to develop social housing and housing for workers with a total of 13 projects.

And most recently, the Ho Chi Minh City Department of Construction also said it had received 6 loan requests from the VND120,000 billion credit package. Among them were 3 social housing project investors, 1 project investor for workers' rental, and 2 projects investors for renovating and rebuilding old apartments, including:

The social housing area phase 2 belongs to Nguyen Son Residential Area (Binh Chanh District) invested by Nguyen Son Real Estate Joint Stock Company. The land area for construction of this project is over 22 hectares with 242 apartments;

Social housing area phase 2 belongs to Nguyen Son Residential Area.

The social housing project at 324 Ly Thuong Kiet Street (District 10) is invested by Duc Manh Joint Stock Company. This project is called Phu Tho DMC, the project has a scale of 18 hectares, including 4 blocks, each block is 25 floors high with 1,254 apartments;

Long Truong Ward Housing Project, Thu Duc City is invested by Dien Phuc Thanh Construction and Housing Trading Company Limited. This is a project with a construction land area of ​​14.3 hectares for 558 apartments.

The social housing project for workers proposed for preferential loans this time is a project in the industrial cluster of District 2 (Thanh My Loi Ward, Thu Duc City) invested by ThuThiemGroup Joint Stock Company. This project has a construction area of ​​over 20 hectares with more than 1,000 apartments.

The two projects to renovate and rebuild old apartment buildings are the new construction project at 350 Hoang Van Thu (Tan Binh District) invested by Duc Khai Tan Binh Joint Stock Company and the Saigon Central Residential Area project (District 1) invested by Downtown Real Estate Joint Stock Company. These two investors have registered to borrow more than 1,160 billion VND to renovate and rebuild the two old apartment buildings mentioned above.

The VND120 trillion package for the development of social housing and workers' housing is a credit package voluntarily participated by four state-owned commercial banks to achieve the goal of building 1 million apartments for workers and low-income earners. The capital is mobilized by the banks themselves and the interest rate is reduced by 1.5 - 2%. The program is expected to be disbursed in the period of 2023 - 2030.

Source: https://www.congluan.vn/binh-duong-cong-bo-cac-du-an-de-xuat-duoc-vay-uu-dai-phat-trien-nha-o-xa-hoi-post254358.html