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The Ministry of Construction is drafting a Government Resolution on piloting the development of affordable commercial housing. Download The Ministry of Construction is drafting a Government Resolution on piloting the development of affordable commercial housing. The Ministry of Construction said that the Resolution aims to form a synchronous policy system on land, investment, planning, credit, taxes and investor selection to strongly develop affordable housing. The policy will contribute to creating a supply of affordable commercial housing, adjusting the imbalanced market structure, thereby pulling the general price level down and increasing accessibility. Housing for people with average income and real needs. At the same time, this is an important tool to help stabilize the market, ensure social security and macroeconomic stability. The draft Resolution proposes regulations on mechanisms and policies to pilot the development of affordable commercial housing. Including policies on planning and planning; land policy; construction investment policies; incentives for projects; Selling price, rental price of commercial housing at appropriate prices... Policy on planning and planning According to the draft, the Peoples Committee of provinces and centrally run cities, based on the actual need for housing in the locality, decides to develop commercial housing projects at appropriate prices (hereinafter referred to as projects) according to the provisions of this Resolution and organizes the preparation and adjustment of housing development programs and plans. Detailed plans are newly established and adjusted at the same time as the process of establishing and adjusting housing. adjust the subdivision planning or general planning in cases where zoning planning is not required and is approved after the general planning and subdivision planning are approved. Land policy According to the draft, the Provincial Peoples Committee, based on local housing needs, will arrange a land fund for the development of commercial housing at appropriate prices. Land to develop commercial housing at appropriate prices according to the project includes: a) Land allocated by the State to build commercial housing for sale and lease purchase, lease; b) Land assigned or leased by the State to build social housing; c) Types of land that fall under the provisions of law on piloting commercial housing projects through agreements on receiving land use rights or having land use rights; d) Land of organizations and individuals to build commercial housing at appropriate prices. The draft clearly states that the land price of the project is calculated according to the land price list and the land price adjustment coefficient. Policy on construction investment. The Provincial Peoples Committee approves the investment policy and at the same time assigns the investor not to go through auction or bidding for the project. The order and procedures for approving the investment policy and assigning the project investor to apply are similar to the provisions of law on piloting a number of specific mechanisms and policies for social housing development. The project investor can choose to carry out construction investment procedures on appraisal of feasibility study reports, appraisal of fire prevention and fighting, and granting construction permits according to the provisions of law on piloting a number of specific mechanisms and policies for social housing development or according to the provisions of law. construction law. Incentives for projects: Enjoy a maximum profit of 15% of the total investment capital of the project. Do not have to arrange land funds to build social housing within the project scope. Can mobilize capital according to the provisions of housing law; In which, for the form of capital mobilization through capital contribution, investment cooperation, business cooperation, joint venture, association of organizations and individuals and the form of capital mobilization through borrowing capital from credit institutions and financial institutions operating in Vietnam, a decision on land allocation or land lease is not required. Borrowing capital with lower preferential interest rates and longer loan period than in the case of building regular commercial housing according to the regulations of the Prime Minister from time to time. periodically. The Provincial Peoples Council, based on local conditions, promulgates a mechanism to support project implementation within the area in accordance with its authority and relevant legal regulations. Requirements for projects and housing typesThe project must ensure synchronization of technical and social infrastructure; Meets standards, technical regulations, and construction quality for housing according to the provisions of law. In centrally run cities and areas within the administrative boundaries of provincial wards, suitable commercial housing is apartment buildings. For the remaining areas, the Provincial Peoples Committee is responsible for deciding on the type of commercial housing at an appropriate price, ensuring compliance with the provisions of law and meeting the local situation. Selling price and rental price of commercial housing at an appropriate price. The investor decides on the selling price and rental price of housing in the project. Housing selling price is determined according to the principle of ensuring the correct and complete calculation of land costs, construction investment costs and other costs according to regulations of the Government. Land, construction and other relevant laws plus a maximum profit margin of 15% of the total investment capital of the project. After completing the acceptance of the construction project and putting it into use, the investor is responsible for conducting an inspection.project and settlement of construction investment costs according to the provisions of law, sent to the specialized agency under the Provincial Peoples