Decision 486/QD-TTg 2023 VBSP’s 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

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THE PRIME MINISTER

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

Pursuant to the Housing Law dated November 25, 2014;

Pursuant to the Government’s Decree No. 78/2002/ND-CP dated October 04, 2002, on credit for poor people and other policy beneficiaries;

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

Pursuant to the Government’s Decree No. 49/2021/ND-CP dated April 1, 2021, amending and supplementing a number of articles of the Government’s Decree No. 100/2015/ND-CP dated October 20, 2015, on social housing development and management;

At the proposal of the Board of Directors of the Vietnam Bank for Social Policies in Proposal No. 66/TTr-HDQT dated December 15, 2022, Official Dispatch No. 19/NHCS- HDQT dated March 8, 2023, and unified opinions of the Ministry of Finance, Ministry of Planning and Investment, Ministry of Justice and the Vietnam Bank for Social Policies at the meeting held on May 4, 2023.

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 dated October 20, 2015, on social housing development and management; Clause 10 Article 1 of the Government’s Decree No. 49/2021/ND-CP dated April 1, 2021, amending and supplementing a number of articles of Decree No. 100/2015/ND-CP is 4.8 percent per year.

The Vietnam Bank for Social Policies shall take full responsibility for reported and proposed contents and data.

Article 2. This Decision takes effect from the signing date until December 31, 2024.

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