The Hanoi People's Committee has officially announced a list of 39 projects designated for social housing investment (Phase 1), with a total investment capital estimated at more than VND71.5 trillion (over $2.7 billion).
These projects are distributed across various areas, including Noi Bai, Da Phuc, Soc Son, and Hat Mon, aimed at meeting the housing needs of policy beneficiaries under the 2023 Housing Law.
The People's Committee stated that the announcement aims to develop social housing for those eligible for housing support policies.
This initiative is part of the city’s broader goal to complete 120,000 social housing units during the 2026–2030 period. Additionally, the plan serves to realize the adjustments to Hanoi's General Planning, zoning and detailed planning, as well as the city’s Housing Development Program for 2021–2030 and the Housing Development Plan for 2021–2025 previously approved by the municipal government.
Regarding the application process, the Hanoi Public Administration Service Center (located at 258 Vo Chi Cong road, Tay Ho Ward) has been designated as the focal point for receiving investor proposals. These applications will then be forwarded to the Department of Construction for appraisal.
The deadline for submitting proposals is 30 days from the date the project information was publicly posted on the city’s official e-portal.
The estimated timeline for project completion is approximately three years for land that has already undergone site clearance, and roughly four years for sites where clearance remains unfinished.
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