Detailed regulations on the National Housing Fund

Photo caption — Me Linh social housing area ( Hanoi ). Illustration photo: Tuan Anh/VNA

The Decree consists of 7 chapters and 27 articles, regulating the establishment, legal status, operation and financial management of the National Housing Fund; receiving, managing and using support and contributions from domestic and foreign organizations and individuals; investment activities, creation, management and operation of housing rental; inspection of operations; responsibilities of the Fund and of ministries, branches and localities.

The Decree stipulates the establishment of the National Housing Fund specifically as follows: The Government establishes the Central Housing Fund under the Ministry of Construction , and assigns the Ministry of Construction to manage it. The People's Committees at the provincial level establish and manage the local Housing Fund.

The financial management mechanism of the Fund is implemented according to the provisions of this Decree and according to the provisions of law for public service units.

The Provincial People's Committee decides on the establishment, reorganization or assignment of existing financial funds managed by the Provincial People's Committee, but must ensure that they operate in accordance with the provisions of Resolution No. 201/2025/QH15 and this Decree. Specifically: The newly established Local Housing Fund is a public service unit, implemented in accordance with the provisions of this Decree and relevant laws.

In case of reorganizing an existing financial fund, the Provincial People's Committee shall decide on the operating model as a public service unit or the current model of the fund and implement the fund's operational objectives and functions as prescribed in Article 5 of this Decree.

In case the Provincial People's Committee decides to assign an existing financial fund to implement the objectives of the Local Housing Fund, the fund shall continue to implement the fund's operating model and supplement the fund's objectives and operational functions as prescribed in Article 5 of this Decree.

The Fund specified in Point b and Point c of this Clause is responsible for the operations of the Local Housing Fund; it is not allowed to use the Fund's operating capital to perform tasks other than the Fund's operational objectives; it must separately account for and monitor the Fund's operating capital.
The legal status, legal entity status, organizational structure, financial and management regime, asset use, reporting and accounting regime for the Local Housing Fund that is not a public service unit shall continue to be implemented according to the fund's current operating model.

The National Housing Fund is a public service unit. The Fund is established, organized, reorganized, operated and dissolved in accordance with the provisions of this Decree and relevant laws, corresponding to its operating model. The Fund has legal status, its own seal, independent accounting, charter capital, and is allowed to open accounts at the State Treasury and commercial banks.

The objectives and functions of the Fund are stipulated as follows: Investing in the construction of social housing, investment projects to build social housing with synchronous technical infrastructure and social infrastructure for rent. Creating social housing through the form of receiving and converting the function of public property housing according to the provisions of the law on housing and relevant laws for rent. Creating housing and social housing through the form of purchasing from investors; ordering, receiving, transferring housing and social housing from enterprises with 100% charter capital held by the State; receiving housing for resettlement and temporary residence; receiving and transferring housing and social housing from organizations and individuals who voluntarily contribute for rent. Creating housing through the form of purchasing commercial housing for rent to officials, civil servants, public employees, and workers. Organizing the management and operation of housing invested in and built by the Fund for rent according to regulations.

Mission of the Fund: Carry out tasks in accordance with the Fund's operational objectives; manage and use the State budget and other legal sources as prescribed in this Decree and relevant regulations; effectively manage and use the capital, land and assets assigned by the State or created during the Fund's operations for the right purposes. Implement the reporting, financial management, accounting, auditing and relevant regulations; be subject to inspection, examination and audit of the Fund's financial activities as prescribed by law. Implement the financial revenue and expenditure regime as prescribed by law for public service units.

Authority of the Fund: To organize activities; to receive state budget funds, other legal capital sources, and physical assets; to conduct joint ventures and associations in accordance with the provisions of this Decree, regulations for public service units and relevant laws. To coordinate with relevant agencies and units to carry out the Fund's activities in accordance with the assigned functions and tasks; to refuse requests for information or use of the Fund's resources if such requests are contrary to the provisions of law and the Fund's operations.

Organizational structure of the Fund: The Decree stipulates the organizational structure of the Fund in accordance with the provisions of law for public service units, including the Fund Director, no more than 02 Deputy Directors, Chief Accountant and no more than 05 department-level units performing administrative and professional functions.

The Director and Deputy Directors of the Central Housing Fund are appointed and dismissed by the Minister of Construction. The Director and Deputy Directors of the Local Housing Fund are appointed and dismissed by the Chairman of the Provincial People's Committee.

The Fund Director is the legal representative of the Fund; fully responsible before the law and the Minister of Construction for the Central Housing Fund, and before the Chairman of the Provincial People's Committee for the Local Housing Fund.

Source: https://baotintuc.vn/thoi-su/quy-dinh-chi-tiet-ve-quy-nha-o-quoc-gia-20251119195333116.htm