Decision No. 532/QD-TTg on the Social Policies’ concessional loan interest rate for purchase of social houses

DECISION

On the Vietnam Bank for Social Policies’ concessional loan interest rate for purchase and rent-purchase of social houses and house building, renovation or repair under Article 16 of the Government’s Decree No. 100/2015/ND-CP of October 20, 2015, on social housing development and management

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THE PRIME MINISTER

Pursuant to the June 19, 2015 Law on Organization of the Government; and the November 22, 2019 Law Amending and Supplementing a Number of Articles of the Law on Organization of the Government and the Law on Organization of Local Administrations;

Pursuant to the November 25, 2014 Housing Law;

Pursuant to the Government’s Decree No. 78/2002/ND-CP of October 4, 2002, on credit loans for the poor and other policy beneficiaries;

Pursuant to the Government’s Decree No. 100/2015/ND-CP of October 20, 2015, on social housing development and management;

At the proposal of the Vietnam Bank for Social Policies in Report No. 04/TTr-HDQT of February 3, 2021, and Official Dispatch No. 3041/NHCS-TDSV of March 29, 2021,

DECIDES:

Article 1. The Vietnam Bank for Social Policies’ concessional loan interest rate for purchase and rent-purchase of social houses and house building, renovation or repair under Article 16 of the Government’s Decree No. 100/2015/ND-CP of October 20, 2015, on social housing development and management is 4.8 percent per year.

Article 2. This Decision takes effect from the date of its signing through January 1, 2023.

Article 3. Ministers, heads of ministerial-level agencies, heads of government-attached agencies, the Governor of the State Bank of Vietnam, the Chairperson of the Board of Management and the General Director of the Vietnam Bank for Social Policies and heads of relevant agencies shall implement this Decision.-

Prime Minister

NGUYEN XUAN PHUC