HCM City will develop housing for resettled residents instead of building new housing with state funds. — VNS Photo Ngoc Diep

HCM City plans to develop social housing on its own instead of building new resettlement housing with state funds, according to the city’s People’s Committee.

Resettlement housing is used for residents who must move to make way for urban embellishment projects.

Between now and 2025, the city’s district People's Committees will be authorised to use 9,435 state-owned housing and 2,488 land lots for resettlement.

Priority for the land fund for social housing will be in Cu Chi, Binh Chanh, Hoc Mon, Can Gio and Nha Be districts.

The city will develop 301 urban embellishment projects affecting about 19,000 households and individuals by 2020, and from 2021 to 2025, about 226 projects affecting 25,000 households.

As many as 20,000 social housing apartments will be used for the resettlement purpose as soon as possible, city authorities said.

Resettlement must include not only housing but social insurance, vocational training, job creation, income restoration and improved quality of life, the city's People’s Committee said.

The plan is expected to significantly contribute to the city’s urban embellishment programme, which consists of replacing old apartment buildings in disrepair. — VNS