Income under 15 million VND/month is allowed to buy social housing

The Government has just issued Decree No. 100/2024/ND-CP detailing a number of articles of the Housing Law on the development and management of social housing. In particular, the Decree clearly stipulates the conditions for enjoying social housing support policies.

Specifically: The case of not having a house of one's own is determined when the subject specified in Clause 1, Article 77 of the Housing Law and the subject's spouse (if any) are not named in the Certificate of land use rights and ownership of assets attached to land in the province or centrally-run city where the social housing project is located at the time of submitting the application for purchase or lease-purchase of social housing.

Within 7 days from the date of receipt of the request for confirmation of the name in the Certificate of land use rights and ownership of assets attached to the land, the Office/Branch of the district-level land registration office of the province or centrally-run city where the social housing project is located shall carry out the confirmation for the case specified in this regulation.

Within 7 days from the date of receipt of the application for confirmation of average housing area per capita, the People's Committee at the commune level shall carry out the confirmation for the case specified in this regulation.

In addition, the Decree also stipulates that the subjects specified in Clauses 5, 6 and 8, Article 76 of the Housing Law must ensure the following income conditions:

In case the applicant is single, the actual monthly income received must not exceed 15 million VND, calculated according to the Salary and Wage Table confirmed by the agency, unit, or enterprise where the applicant works. The time to determine the income condition is within 1 consecutive year, calculated from the time the applicant specified above submits a valid application to the investor to register to buy or rent-purchase social housing.

In case the applicant is married according to the provisions of law, the applicant and his/her spouse must have a total monthly income of no more than 30 million VND calculated according to the Salary and Wage Table confirmed by the agency, unit, or enterprise where the applicant works.

The time to determine income conditions within 1 consecutive year, calculated from the time the above-mentioned subjects submit valid documents to the investor to register to buy or lease-purchase social housing.

In case the subject specified in Clause 5, Article 76 of the Housing Law does not have a Labor Contract, if he/she is single, the actual monthly income received shall not exceed 15 million VND. If he/she is married according to the provisions of law, the applicant and his/her spouse shall have a total actual monthly income received not exceeding 30 million VND.

Within 7 days from the date of receipt of the request for confirmation, the People's Committee at the commune level shall confirm the income conditions for 1 consecutive year from the time the subject submits a valid application to the investor to register to buy or rent-purchase social housing.

For the subjects specified in Clause 2, Clause 3 and Clause 4, Article 76 of the Housing Law, they must be poor or near-poor households according to the Government's poverty standards.

For the subjects specified in Clause 7, Article 76 of the Housing Law, the income conditions shall be applied according to the conditions for the people's armed forces specified in Article 67 of Decree 100/2024/ND-CP.