Expanding the target audience for social housing

VTV.vn - The new policy not only helps expand the beneficiaries, but also increases the feasibility of social housing projects, creating motivation to attract businesses to invest.

New regulations facilitate social housing buyers

The Government has just issued Decree No. 261/2025 amending and supplementing a number of articles of Decree No. 100/2024... with many important contents related to social housing policy, creating convenience for home buyers.

One of the notable new points of Decree 261/2025, which took effect from October 10, is that low-income people in urban areas, unmarried or single officials, civil servants, employees, and workers with an average income of no more than VND 20 million/month (an increase of VND 5 million compared to the old regulation) are allowed to buy social housing. In the case of raising children under 18 years old, the maximum income is raised to VND 30 million/month. As for married people, the total income of the couple does not exceed VND 40 million/month (an increase of VND 10 million compared to the old regulation), which is enough income to apply for social housing.

In addition, those who want to buy social housing but do not have a labor contract, which has encountered many difficulties in the past, are also mentioned in Decree 261. Specifically, within 07 days from the date of receiving the request for confirmation, the commune-level police agency where the applicant resides permanently or temporarily, or where he/she resides at the time of the request, must confirm the basis of information from the population database to confirm the income conditions for the person in need. In addition, the new regulation also reduces the interest rate for social housing loans from 6.6% to 5.4%/year.

The new regulation is expected to create a strong boost for the social housing market.

Expanding the target audience for social housing

According to experts, the new policy not only helps expand the beneficiaries, but also increases the feasibility of social housing projects, creating incentives to attract businesses to invest.

Before October 10, despite the need to buy social housing, many workers were still excluded from the eligible group, due to the low income ceiling regulations for singles and households. Raising the ceiling to 20-40 million VND/month is considered a suitable step in response to price fluctuations, living expenses and income levels in large cities such as Hanoi , Ho Chi Minh City, and Da Nang.

Ms. Nguyen Quynh Nga - Hanoi City said: "Currently, I am living with my parents. However, I am about to give birth to my third child, so I want my husband and I to buy our own house. However, in the past, my husband and I's income was a little over 30 million VND, so we were not eligible to buy social housing. Now that the regulation has been relaxed to 40 million VND and with the support of both parents, I can confidently look into buying social housing."

Mr. Dang Hai Cong - Hanoi City shared: "My income is over 15 million VND, which is not enough to buy social housing. But with the recent Decree, my income only needs to be under 20 million VND to be able to buy a social house."

Not only people who are looking to buy a house, but businesses that are implementing social housing projects also welcome Decree 261, because it has resolved many legal problems compared to the old regulations.

Mr. Pham Duc Toan - General Director of EZ Property Vietnam commented: "The new decree will remove difficulties for businesses to implement, especially the issue of choosing investors. Besides, there is a clear distinction between the 20% fund and land use fees for commercial housing. By expanding the target buyers, we will increase customers, we are completely confident that during the implementation process, we will sell products quickly."

Decree 261, effective from October 10, is an important basis for people and investors to immediately rely on to carry out legal procedures and enjoy policies.

Mr. Pham Thanh Tuan - Hanoi Bar Association commented: "Investors and people can always rely on Decree 261, not only applying to projects that will be opened for sale in the future, but also to projects that are being opened for sale or have opened for sale in the first phase. But when new sales are opened from October 10, 2025 onwards, we will apply completely new mechanisms and policies in a very open manner."

Notably, for projects that have announced the submission of purchase documents since October 1, such as a project in Hanoi, before the new Decree takes effect, the investor said that buyers only need to verify their income after October 10 and submit documents according to the process, meaning the new Decree is applied immediately, without waiting for the next projects.

With detailed and specific adjustments, the new regulations are expected to create a strong boost for the social housing market, contributing to stabilizing social security, developing a healthy real estate market, and getting closer to the target of 1 million social housing apartments by 2030.

Source: https://vtv.vn/mo-rong-doi-tuong-mua-nha-o-xa-hoi-100251015114345826.htm