Illustrative image (Source: Internet) Quang Ninh (VNA) – 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 25 million VND (about 1,130 USD) provided by the State and a non-refundable aid of 25 million VND from the province’s budget.
The province will also give a loan of 25 million VND per household to the rest with an annual interest rate of 0 percent 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 155 billion VND (6.9 million USD) 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.-VNA
