In reply to NA deputies’ questions on social housing policies at a Question-&-Answersession on November 3, the minister admitted that social housing developmenthas not met expectations, with 7.79 million sq.m of housing built so far whilethe target 12.5 million sq.m. The land fund for social housing at present can meetjust over 36% of demand.
Attributing the problem to legal obstacles and limitedfinancial resources, Nghi said ministries and agencies should focus efforts onfine-tuning the legal documents related to housing, especially social housing,tackling difficulties for on-going housing projects and continuing to pushahead with the project to build at least 1 million housing units for low incomeearners and workers.
He also urged localities to continue with administrativeprocedure reform and create land fund for social housing, while removing difficulties and obstacles facing enterprises investing in social housing development./.
