Illustrative image (Source: VNA) The northern province of Hai Duong is speeding up its social housing projects to provide accommodation for locals with low income, according to the provincial Department of Construction.
So far, the construction of a five-storey building with 82 apartments in Ai Quoc ward in Hai Duong city has been finished, while the Tue Linh project in the city, which has 92 apartments, is scheduled to become available at the end of the year.
Two other projects licensed by the provincial People’s Committee in Hai Duong city’s east Ngo Quyen Street with 216 apartments and Gia Loc district are set to be implemented soon.
According to Pham Viet Nhanh, Head of the Housing and Real Property Market Desk under the Department of Construction, social housing policies in the province have been effectively applied with favourable conditions for investors.
Specifically, investors have land use fee and rent exemptions, preferential tax rates and credit support along with other assistance including connection infrastructure, sample social housing designs and advanced construction technology, he said.-VNA
