Decision No. 09/2012/QD-TTg Amending Certain Articles of Decision No. 204/2005/QD-TTg dated August 15, 2005 on Adjusting and Supplementing the Objectives and Mechanism for Borrowing to Build Housing under the Program for Constructing Residential Clusters and Housing in Flood-Prone Areas in the Mekong Delta.

Pursuant to …;

Amending certain provisions of Decision No. 204/2005/QĐ-TTg dated August 15, 2005 on adjusting and supplementing the target groups and lending mechanisms for housing construction under the Program for building residential clusters and housing in flood-prone areas in the Mekong Delta Subjects and mechanisms for borrowing funds to construct housing under the Program for building clusters and residential corridors and housing in flood-prone areas in the Mekong Delta

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PRIME MINISTER

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Pursuant to Resolution No. 64/NQ-CP dated December 21, 2010 of the Government on simplifying administrative procedures within the jurisdiction of the Vietnam Bank for Social Policies;

Considering the proposal of the Minister of Construction,

DECISION:

Article 1. Amending certain provisions of Decision No. 204/2005/QĐ-TTg dated August 15, 2005 of the Prime Minister on adjusting and supplementing the target groups and lending mechanisms for housing construction under the Program for building residential clusters and housing in flood-prone areas in the Mekong Delta:

1. Clause 1 of Article 2 shall be amended as follows:

"1. For households that are relocated to live in residential clusters and embankment areas and have the need to construct their own houses, they shall be eligible to borrow from the Vietnam Bank for Social Policies to build houses subject to the following conditions:

a) Being listed in the list of households eligible for borrowing, confirmed by the People's Committee of the province or authorized by the People's Committee of the district to confirm.

b) Having a loan application form as prescribed by the Vietnam Bank for Social Policies. After completing all required procedures and documents, the borrower may receive the first disbursement of up to 60% of the loan amount as stipulated, with the remaining portion disbursed upon presentation of a certificate confirming the completion of the rough construction of the house issued by the People's Committee of the commune.

The loan amount, loan term, interest rate, early repayment incentives, and other borrowing conditions shall be implemented according to the current regulations of the Prime Minister regarding policies for households in flood-prone areas in the Mekong Delta and relevant laws.

For households approved to reside in residential clusters and embankment areas who do not wish to borrow to construct their own houses, they shall still implement the policy of purchasing houses on installment as stipulated in Decision No. 105/2002/QĐ-TTg dated August 2, 2002 of the Prime Minister."

2. Point đ Clause 1 Article 4 is amended as follows:

"đ) Direct the establishment and confirmation of lists of households eligible for self-construction loans; instruct the People's Committee of the district to direct the People's Committee of the commune to confirm the completion of rough construction of houses so that the Vietnam Bank for Social Policies can disburse the remaining loan amount according to regulations."

Article 2. This Decision takes effect from April 15, 2012.

Article 3. Ministers, Heads of ministerial-level agencies, Heads of agencies under the Government, Chairmen of People's Committees of the provinces and cities: An Giang, Dong Thap, Long An, Kien Giang, Hau Giang, Vinh Long, Tien Giang, Can Tho are responsible for implementing this Decision./ .