Decision No. 67/2009/QD-TTg of April 24, 2009, promulgating a number of mechanisms and policies on development of houses for low-income earners in urban centers

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Issuing body:	Prime Minister	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	67/2009/QD-TTg	Signer:	Nguyen Tan Dung
Type:	Decision	Expiry date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Issuing date:	24/04/2009	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Land - Housing, Policy

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THE PRIME MINISTER ------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness --------
No. 67/2009/QD-TTg	Hanoi, April 24, 2009

DECISION

PROMULGATING A NUMBER OF MECHANISMS AND POLICIES ON DEVELOPMENT OF HOUSES FOR LOW-INCOME EARNERS IN URBAN CENTERS

THE PRIME MINISTER

Pursuant to the December 25, 2001 Law on Organization of Government;
Pursuant to the Government's Resolution No. 18/NQ-CP of April 20, 2009;
At the proposal of the Minister of Construction,

DECIDES:

Article 1. General provisions

1. The State encourages all economic sectors to invest in the construction of houses for sale (with lump-sum or installment payment), lease or lease-purchase to low-income earners in urban centers (below referred to as low-cost houses) by the mode of socialization.

2. Investors of low-cost housing projects are entitled to land, tax and credit incentives and other incentives under this Decision.

3. Low-cost houses must be built under urban development plannings on the basis of practical demands, national socio-economic conditions and local characteristics; the process of construction investment will be managed in strict accordance with regulations in a public and transparent manner to ensure construction work quality and effective management and use and avoid loss, waste and negative practices. Low-cost housing projects will be developed in harmony with commercial housing projects and projects on new urban centers in order to ensure low-income earners' access to benefits brought about by public welfare and social infrastructure facilities in urban centers.

4. Provincial-level People's Committees shall review and adjust or supplement their general construction plannings. detailed construction plannings and land-use plannings and plans in order to develop land for the construction of low-cost houses and. at the same time, determine the target of development of low-cost houses as one of basic targets in their local socio-economic development plans: this target must be formulated for each year and each period in conformity with local socioeconomic conditions and characteristics in parallel with the definition of specific responsibilities for its implementation.

Article 2. Mechanisms for implementation of low-cost housing projects

1. Low-cost houses specified in this Decision are houses invested by enterprises of all economic sectors with capital mobilized by themselves. Investors of low-cost housing projects are entitled to incentives specified in Article 5 of this Decision.

2. Investors of low-cost housing projects are identified as follows:

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Decision No. 67/2009/QD-TTg of April 24, 2009, promulgating a number of mechanisms and policies on development of houses for low-income earners in urban centers

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