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VietNamNews

Fund offers housing loans to needy

Update: August, 04/2014 - 08:27

The municipal Housing Development Fund yesterday said that it had disbursed VND610 billion ($29 million) to over 1,900 low and middle income earners after 10 years of operation.— Photo dantri.com.vn

HCM CITY (VNS) — The municipal Housing Development Fund yesterday said that it had disbursed VND610 billion ($29 million) to over 1,900 low and middle income earners after 10 years of operation.

In addition, the fund has also provided loans for nine housing projects in the city. More than 4,800 households were given loans to repair and upgrade their houses with total of VND71 billion ($3.3 million).

The fund was asked to increase the lending level from the current VND400 million to each household to make it easier for people to access loans. — VNS



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