Housing Fund emphasize loans to citizens purchase residential units invest projects
Housing Fund emphasizes loans to those wishing to purchase residential units of investment projects June 20, 2016
Public housing fund, Monday, it will grant loans to citizens wishing to purchase residential units of investment projects, while 850 billion dinars allocated for the Fund to lend to citizens, revealed his claim to allocate 500 billion dinars to finance the lending process.
The Fund Manager said the Ministry of construction and housing in the name of Bahauddin seen by reporters in our agency newsletter that "the Fund does not have the power to grant loans for citizens to purchase residential units, except that the new initiative of the Council of Ministers on granting 850 billion dinars by the Central Bank authorized loans to purchase residential units in investment projects completed and indicated in the draft investment authority besmaya.
Mustafa said that the loan will be for citizens to buy these units will be up to 50 million dinars, according to the controls that came out, "adding that" we are talking about saving 3 million housing units and the possibility of up to three million and 500 residential units.
Mustafa said that the "Fund a student Ministry and Cabinet examining appropriation to the Fund of 500 billion dinars allocated by the Central Bank, adding that" the money would be loaned to citizens wishing to build residential units in the same time it would be reassuring for citizens who buy land and then rebuilt later by the Fund ".