Society

Nearly 178 million USD allocated for substandard housing eradication programme

According to the ministry, up to 168,027 homes have been supported under the initiative, including 15,491 houses for revolutionary contributors, 60,473 under two national target programmes, and 92,063 under the specific programme to eliminate temporary and substandard houses.

Long My township's armed forces assist residents in eliminating temporary and dilapidated houses. (Photo: VNA)
Long My township's armed forces assist residents in eliminating temporary and dilapidated houses. (Photo: VNA)

Hanoi (VNA) – The Vietnamese government has allocated over 4.55 trillion VND (nearly 178 million USD) to eliminate temporary and substandard houses for low-income households nationwide, the Ministry of Ethnic and Religion Affairs announced on March 30.

The funding, sourced from a 5% savings in last year's regular expenditure as approved by the National Assembly, has been distributed to localities for implementing the housing support programme.

To date, 2.83 trillion VND, nearly 82% of the assigned budget, has been disbursed by ministries, sectors, local administrations, banks, and corporations, with dozens of entities completing 100% of their financial transfers.

l-bo-cong-an-ra-quan-xoa-nha-tam-nha-dot-nat-tai-khu-vuc-tay-nguyen-stand.jpg
Sponsors provide funding to build and replace temporary and dilapidated houses for poor and near-poor households in Kon Tum province. (Photo: VNA)

According to the ministry, up to 168,027 homes have been supported under the initiative, including 15,491 houses for revolutionary contributors, 60,473 under two national target programmes, and 92,063 under the specific programme to eliminate temporary and substandard houses.

The nationwide campaign, launched under the Prime Minister’s initiative “Joining hands to eliminate temporary and dilapidated houses by 2025,” has seen strong commitments and coordination from central to local levels./.

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