Decision No. 33/2019/QD-TTg Amending and Supplementing Certain Provisions of Decision No. 33/2015/QD-TTg dated August 10, 2015 of the Government on Housing Support Policies for Poor Households during the Period 2011-2015 (Phase 2 of the Housing Support Program for Poor Households under Decision No. 167/2008/QD-TTg).

Pursuant to …;

AMENDMENTS AND SUPPLEMENTS TO CERTAIN PROVISIONS OF DECREE NO. 33/2015/QĐ-TTg OF AUGUST 10, 2015 ISSUED BY THE PRIME MINISTER ON HOUSING SUPPORT POLICIES FOR POOR HOUSEHOLDS DURING THE 2011-2015 PERIOD (PHASE 2 OF THE HOUSING SUPPORT PROGRAM FOR POOR HOUSEHOLDS ACCORDING TO DECREE NO. 167/2008/QĐ-TTg)

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Pursuant to the Law on Government Organization dated June 19, 2015;

Pursuant to the Law on Housing dated November 25, 2014;

Pursuant to Decision No. 2127/QĐ-TTg dated November 30, 2011 of the Prime Minister approving the National Housing Strategy until 2020 and vision until 2030;

At the proposal of the Minister of Construction;

The Prime Minister promulgates this decision to amend and supplement certain provisions of Decision No. 33/2015/QĐ-TTg dated August 10, 2015 of the Prime Minister on housing support policies for poor households during the 2011-2015 period (Phase 2 of the Housing Support Program for Poor Households according to Decision No. 167/2008/QĐ-TTg).

Article 1. Amend and supplement certain provisions of Decision No. 33/2015/QĐ-TTg dated August 10, 2015 of the Prime Minister on housing support policies for poor households according to the poverty standard during the 2011-2015 period (Phase 2 of the Housing Support Program for Poor Households according to Decision No. 167/2008/QĐ-TTg) as follows:

1. Amend Clause 2 of Article 5 as follows:

"2. Interest rate subsidy compensation

The State budget compensates the interest rate differential for the Vietnam Bank for Social Policies to implement the policy as follows:

a) For localities that have not yet achieved budget self-balancing and the province of Quang Ngai, the central budget guarantees 100% of the interest rate differential compensation for the Vietnam Bank for Social Policies;

b) For localities with a distribution ratio of revenue shares to the central budget below 50%; the central budget supports 50%, and the local budget ensures 50% of the interest rate differential compensation for the Vietnam Bank for Social Policies;

c) For the remaining localities, the local budget ensures 100% of the interest rate differential compensation for the Vietnam Bank for Social Policies."

2. Supplement Clause 2a of Article 5 as follows:

"2a. The level of interest rate differential compensation is determined specifically as follows:

In which the average interest rate of sources of funds is determined in accordance with the financial management regulations for the Vietnam Bank for Social Policies issued by the Minister of Finance."

3. Amend the first bullet point of Point c Clause 1 of Article 8 as follows:

"- Based on the total interest rate differential compensation compiled by the Vietnam Bank for Social Policies, the Ministry of Finance will conduct verification and determine the official amount to be deducted from the total interest rate differential compensation from the central budget for the Vietnam Bank for Social Policies".

Article 2. Effective Date

1. This Decision takes effect from December 31, 2019. The interest rate differential compensation for the Vietnam Bank for Social Policies according to this Decision shall be implemented from 2016.

2. Ministers, Heads of ministerial-level agencies, Heads of agencies under the Government, Chairpersons of provincial People's Committees directly under the Central Government shall be responsible for implementing this Decision within their respective functions, tasks, and authorized powers.