(HBO) - Implementing the lending program for the social housing in accordance to Decree No. 100/2015/ND-CP, in 2018, 2 billion VND was allocated to the province, in 2019 an addition of 5 billion VND was assigned. The above capital is allocated to Ky Son, Cao Phong, Tan Lac, Lac Thuy districts and Hoa Binh City.

This capital is prioritized for some people with low income and for those who do not have houses and are now living in urban areas. This is a new credit program with high demand for loans, so when the capital was allocated, the districts propagated about the objects who are allowed to borrow and the registration procedures. Those who are in need of borrowing can directly register with the People's Committee of the commune, the ward, the town or the transaction office of Bank for Social Policies.

Since the beginning of the year, the lending revenue has reached 3,2566 million dongs with 9 turns of borrowers, bringing the total debit balance of the lending program to 5.4 billion dongs. In particular, Lac Thuy district has the highest debit balance, reaching 2,649 million VND; Hoa Binh City has a debit balance of 897 million VND; Ky Son district has a debit balance of 805 million VND; Tan Lac district has a debit balance of 750 million VND; Cao Phong district has a debit balance of 300 million VND.

Currently, the provincial Bank for Social Policies continues to review the registration documents and it is expected to complete disbursement of lending capital in accordance to the assigned plan by the end of November.

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