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Legislators support creating conditions for social housing development

NA Chairman Tran Thanh Man stressed that social housing has become an increasingly urgent issue, especially in urban areas and industrial zones. However, he noted that the implementation of social housing projects still faces obstacles due to inflexible mechanisms, prolonged administrative procedures, and a lack of appealing incentives for investors.
NA Chairman Tran Thanh Man speaks at the group discussion on May 21. (Photo: VNA)
NA Chairman Tran Thanh Man speaks at the group discussion on May 21. (Photo: VNA)

Hanoi (VNA) - Lawmakers voiced their support for the adoption of a parliamentary resolution on piloting special mechanisms and policies for developing social housing, aiming to accelerate the process and shorten the investment and construction timelines for such projects, during their group discussion as part of the 15th National Assembly (NA)’s 9th session on May 21 morning.

NA deputies emphasised that the issuance of the resolution will help establish a comprehensive and consistent legal framework, addressing existing obstacles in the construction and development of social housing to meet current rapid development requirements.

It will also introduce more incentives to attract businesses to invest in social housing projects, contributing to realising the goal of building at least a million affordable social housing units for low-income earners and workers in industrial parks during the 2021–2030 period, they said.

In his remarks, NA Chairman Tran Thanh Man stressed that social housing has become an increasingly urgent issue, especially in urban areas and industrial zones. However, he noted that the implementation of social housing projects still faces obstacles due to inflexible mechanisms, prolonged administrative procedures, and a lack of appealing incentives for investors.

Expressing his strong support for the issuance of the resolution, the top legislator affirmed that this aims to remove roadblocks and simplify procedures to attract more businesses to the scheme.

To effectively implement the policies outlined in the draft resolution and avoid overlaps and inconsistencies, Man said the agency in charge should continue reviewing the draft’s provisions related to the Law on Housing, the Land Law, and the Construction Law./.

VNA

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