Over VND 7.7 trillion in housing support for the poor

Deputy Minister of Construction Nguyen Tran Nam has announced the number of poor families who will enjoy housing support based on the Prime Minister’s Decision 167/2008/QD-TTg. Accordingly, over 480,000 poor families will be given support for housing, with a total capital of over VND 7.7 trillion.

The money includes over VND 3.6 trillion from the central budget, VND 3.9 trillion from loans from the Bank for Social Policies, and over VND 200 billion from local budgets.

In 2009 alone, the support will be given to over 126,000 poor families with a capital of VND 2 trillion.

The Ministry of Construction has asked the Ministries of Planning and Investment, and Finance to give suggestions to the Prime Minister regarding allocation of capital in 2009.