Quang Ninh speeds up housing support to the poor
The northern province of Quang Ninh will complete housing support for 154 disadvantaged households and 199 other beneficiary families by the end of year, according Vu Van Dien, Vice Chairman of the provincial People’s Committee.
 |
Quang Ninh has about 1,599 households eligible for getting housing support, including 154 families with extremely difficult conditions and 1,445 other beneficiaries.
Each of the 154 families will have access to a loan of VND25 million (about US$1,130) provided by the State and a non-refundable aid of VND25 million from the province’s budget.
The province will also give a loan of VND25 million per household to the rest with an annual interest rate of 0% in a period of 15 years. The time limit for loan repayment is ten years, starting from the sixth year.
Quang Ninh will provide housing loans worth VND155 billion (US$6.9 million) for over 600 families of other beneficiaries in the next two years.
The housing support programme will help poor families improve living conditions and stabilise their lives, stressed Dien.
He asked localities to implement the project in combination with the new-style rural area building programme and another helping 22 districts in the province escape from extremely disadvantaged condition.
