Capital Sources for the Development of Different Types of Housing
(Article 115, Law on Housing 2023)
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Capital for the development of commercial housing includes:
a) Capital of the investor of the commercial housing construction project;
b) Capital mobilized through capital contribution, investment cooperation, business cooperation, joint ventures, and associations of organizations and individuals;
c) Capital mobilized through the issuance of bonds, shares, and fund certificates in accordance with the law;
d) Advance payments, deferred payments, and installment payments made by customers under contracts for the purchase, lease-purchase of future-formed housing;
đ) Loans from credit institutions and financial institutions operating in Vietnam. -
Capital for the development of official-duty housing includes:
a) State budget funds, including central and local budgets;
b) Other lawful capital sources. -
Capital for the implementation of social housing policies includes:
a) Capital of investors of social housing projects, worker dormitory projects in industrial zones, housing projects for the armed forces; capital of investors of commercial housing projects;
b) Capital mobilized through capital contribution, investment cooperation, business cooperation, joint ventures, and associations of organizations and individuals;
c) Capital of beneficiaries entitled to social housing support policies;
d) Capital provided under Clause 1, Article 113 of this Law;
đ) Capital directly supported by the State for social housing beneficiaries; preferential loans through the Vietnam Bank for Social Policies or preferential loans from credit institutions designated by the State;
e) Trade union financial resources for projects specified in Clause 4, Article 80 of this Law;
g) Loans from credit institutions and financial institutions operating in Vietnam;
h) Foreign direct investment (FDI) in Vietnam;
i) Other lawful capital sources. -
Capital for the development of resettlement housing and the renovation or reconstruction of apartment buildings includes:
a) Capital of investors of resettlement housing construction projects; capital of investors of renovation or reconstruction projects of apartment buildings;
b) Capital mobilized through capital contribution, investment cooperation, business cooperation, joint ventures, and associations of organizations and individuals;
c) Capital provided under Clause 1, Article 113 of this Law;
d) Capital from the Land Development Fund;
đ) Capital from compensation, support, and resettlement when implementing land clearance under the law, and contributions from resettled persons for renovation or reconstruction projects of apartment buildings;
e) Loans from credit institutions and financial institutions operating in Vietnam;
g) Other lawful capital sources. -
Capital for the development of individual housing includes:
a) Capital of individuals;
b) Cooperative capital among individuals; support capital from families or residential communities;
c) Loans from credit institutions and financial institutions operating in Vietnam;
d) State support capital for cases entitled to social housing support policies;
đ) Other lawful capital sources.
