High hopes for low-cost housing scheme

100, 500 homes with job opportunities for tenants

The Ministry of Social Development and Human Protection (MSDHS) has released a cheap rental casing scheme to help low-income earners that will observe 100, 000 houses built nationwide in four years with jobs offered to renters.

Ressortchef (umgangssprachlich) Chuti Krairiksh lately kicked off Open House, a housing project run by Keha Sukpracha Plc.

Mr Chuti said the company has a registered capital of 500 million baht, of which 245 million baht is usually held by the National Housing Authority (NHA). The rest was invested by another 6 shareholders who are not government agencies. This individual said the Keha Sukpracha project will need about 60 billion baht to build 100, 000 housing units. The investment can come from the private sector and the project is expected to be designed in 2025.

He said the project is also meant to help create careers for residents and promote economic communities that include farming, animals, retailing, hospitality professions and small-scale sector. Eligible applicants are usually Thai citizens impacted by Covid-19, the unemployed, disabled people, the elderly, retired civil servants and those affected by land expropriation by the govt.

Receivers must not earn over 30, 000 baht per month per household. Two of the first pilot projects are in Bangkok. One is the Keha Sukpracha Chalongkrung project which will offer 302 houses as well as the other is the 270-home Keha Sukpracha Romklao project.