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Thursday, July 25, 2024

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affordable housing

What to expect from NA’s social housing review

Three decisive factors for the successful development of social homes are low-cost funding, conducive policy, and simple and transparent paperwork. Will the National Assembly’s (NA) supreme review on social housing development in 2024 bring on these three factors? NA set to work with eight ministries and 12 localities “The implementation of policies and laws on real estate market management and social housing development from 2015 to the end of 2023” is one of the two supreme topics which the National Assembly will review in 2024. Regarding social housing, the review aims to objectively and comprehensively evaluate the situation and results of policy and law implementation on social housing development from 2015 to late 2023. This includes identifying achievements, limitations and causes, learning from experiences gained, and proposing solutions to improve policies and laws on social housing. The NA team will focus on issues such as social housing development programs and plans, target groups and eligibility conditions, land availability, funding sources for social housing construction, project implementation (including investment procedures), types and standards of social homes, pricing and principles for renting, rent-to-own, and selling social homes, and management and operation of social homes. Between the end of April and the end […]
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