Strong decentralization, reducing 70% of time for social housing investment procedures

The Phu Ha new urban area project (Phan Rang - Thap Cham city, Ninh Thuan province) strives to be completed soon to sell to people. Illustrative photo: Cong Thu/VNA

This is also one of the contents that attracts great attention from society; the expectation is to remove "bottlenecks" in the development of housing segments for low-income people, workers, etc.

Economist Dinh The Hien said that the draft Resolution has a number of new points, "untying" previous obstacles that are worth paying attention to, such as the regulation that enterprises and organizations renting social housing from investors of social housing projects for experts, officials, civil servants, and employees of their enterprises to live in can account for social housing rental costs into production and business costs, regular career expenses, or other legal expenses according to regulations.

This both ensures fairness and encourages businesses and organizations to take care of accommodation for their experts, officers, civil servants and employees to work, stay and stay long-term.

In particular, the assignment of rights and responsibilities to investors based on the method of determining the selling price, rental price of social housing and the standard profit according to the provisions of the law on self-built housing, approving the selling price, rental price of social housing to ensure business autonomy - is one of the rights of enterprises stipulated in the Law on Enterprises.

One of the contents that businesses are looking forward to is that when building a special mechanism for social housing construction, the Government proposes to cut 70% of the time to carry out investment procedures for this type of housing. From there, it will speed up the progress of implementing social housing projects. This is expected by businesses and people, especially in the context of the slow supply of social housing, not meeting actual demands.

Accordingly, for social housing projects that do not use public investment capital, the Government proposes to assign the provincial People's Committee to approve the investment policy and assign the project owner directly without going through the bidding process. If this special mechanism is implemented, it will shorten the time by about 200 days compared to current regulations.

At that time, investors considered for project assignment must meet the following conditions: being an enterprise or cooperative with real estate business functions; ensuring the ratio of outstanding credit and outstanding corporate bonds to equity according to regulations; having equity capital of at least 20% of the total investment for projects under 20 hectares, and at least 15% for projects of 20 hectares or more...

In case a business implements multiple projects at the same time, it must also ensure sufficient equity to allocate according to the required ratio. If there are many qualified investors, the selection will be based on project implementation experience, financial capacity and time of application submission, etc.

Analyzing the advantages of applying special mechanisms, Deputy Minister of Construction Nguyen Van Sinh said that the current bidding mechanism does not bring about socio-economic efficiency but on the contrary is prolonging project implementation progress.

"Currently, the time from approving the investment policy to selecting an investor takes about 300 days. But with the new proposal, this time will be shortened to a maximum of 75 days, equivalent to a 70% reduction," Deputy Minister Nguyen Van Sinh informed.

Meanwhile, the State has strictly controlled the factors of profit margin, cost price, selling price and home buyers, so the proposal to eliminate bidding to select investors is still reasonable, transparent and increases efficiency. On the other hand, cutting down on administrative procedures is also consistent with the Government's policies and orientations.

From a legal perspective, Lawyer Bui Quang Nghiem, Vice Chairman of the Ho Chi Minh City Bar Association, Director of Nghiem and Chinh Law Firm, said that it is necessary to consider adding a new provision stipulating that investors in social housing construction investment projects are legally responsible for identifying the subjects buying and renting social housing according to the provisions of the Housing Law; must make a list of buyers and renters of social housing and report to the housing management agency for management and "post-inspection".

Because in reality, the approval process of the list of subjects eligible to buy or lease-purchase social housing takes a lot of time, it is necessary to regulate the responsibilities of investors in social housing projects to avoid cases of profiteering, buying and selling to make a profit from preferential social housing purchase rates.

Article 88 of the 2023 Housing Law also stipulates strict handling of cases of selling or leasing social housing that violate the provisions of the Housing Law on subjects or conditions for purchasing or leasing social housing. In that case, the housing sale or lease-purchase contract is invalid.

In case the house is not handed over, the People's Committee of the place where the house is located shall organize enforcement to reclaim the house. Therefore, it is necessary to supplement the regulation that the investor of the social housing construction investment project is responsible before the law for determining the subjects buying and renting social housing, in order to enhance the responsibility and initiative of the investor of the social housing project. Thereby, reducing administrative procedures, compliance costs, and burdens on society.

In addition, the special mechanism for social housing also mentions a number of important policies such as: regulations on investors enjoying a maximum profit of 13% of the total investment cost; proposal to establish a "National Social Housing Development Fund"; exemption from investment policy approval procedures for social housing projects...

At the same time, the Government also proposed allowing enterprises and cooperatives in industrial parks to rent social housing for workers, while adding support policies on land funds, site clearance and technical infrastructure.

When the Resolution on piloting a number of specific mechanisms and policies for developing social housing is passed, it will pave the way for this product to increase in quantity, meeting the housing needs of beneficiaries.

According to baotintuc.vn

Source: https://baolaocai.vn/phan-quyen-manh-giam-70-thoi-gian-thuc-hien-thu-tuc-dau-tu-nha-o-xa-hoi-post401446.html