|Under the ministry's proposal, families that build houses with the ground floor at least 1.5 metres above flood-water level will be given financial support.— File Photo
HCM CITY (VNS) — The Construction Ministry has asked the Government to help 40,000 poor families build new homes in flood-protected areas.
Under the ministry's proposal, families that build houses with the ground floor at least 1.5 metres above flood-water level will be given financial support.
Households that qualify are those in flood-prone areas in remote villages in the provinces of Thanh Hoa, Nghe An, Ha Tinh, Quang Binh, Quang Tri and Thua Thien – Hue as well as the city of Da Nang.
The support also cover eligible households in the provinces of Quang Nam, Quang Ngai, Binh Dinh, Phu Yen, Khanh Hoa, Ninh Thuan and Binh Thuan.
The programme will last from 2014 to 2015. In the first year, it will help 15,000 poor families with a total of VND156 billion (US$7.4 million) from the State budget.
The remaining 25,000 households will receive State support from the programme in 2015.
The households will receive support of VND10 million each, while families living in remote areas that face great difficulties will be granted VND12 million each.
The households will also be able to apply for preferential loans of under VND15 million each from social policy banks.
In addition, those households that have received financial support from other programmes can also apply for loans of less than VND15 million each from social policy banks to build flood-safe floors.
The ministry has proposed that 70 per cent of the loans be provided to applicants to build the ground floor of their homes.
The remaining 30 per cent will be disbursed when the roof section of their houses is built. — VNS