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Workers in HCMC find it hard to buy social homes

The Saigon Times

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HCMC – Housing is increasingly unaffordable for low-income earners, while they find it hard to access social homes due to the complicated procedures for purchase and an undersupply.

The demand for affordable homes is huge, but the number of such homes available remains small, Tran Thi Dieu Thuy, chairwoman of the HCMC Labor Federation, said at a meeting between the HCMC People’s Council and 500 female workers in the city on April 24.

Huynh Thanh Khiet, deputy director of the HCMC Department of Construction, said that 10 groups of workers are entitled to social housing in line with the 2014 Housing Law.

As State capital is limited, a majority of housing projects are funded by enterprises. As for non-State budget projects, the investors of these projects will be in charge of selecting the documents of house-buyers and transfer them to the municipal Department of Construction for consideration.

Speaking at the meeting, Nguyen Thi Le, chairwoman of the HCMC People’s Council, said that the city should focus on developing social homes for laborers and add some 35,000 homes in the 2021-2025 period.

In related news, the HCMC Department of Construction and Thien Phat SICC today, April 25, broke ground on a social housing block with 360 units for workers at the Linh Trung II export processing zone in Thu Duc City, Thanh Nien Online reported.

In April, over 1,300 social homes in the city will get off the ground, according to Tran Hoang Quan, director of the municipal department.

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