The Housing Fund announces important decisions[/rtl]
[rtl]Release date:: 11/11/2018 8:27 • 1452 times read[/rtl]
BAGHDAD: The Housing Fund of the Ministry of Construction and Housing and public municipalities announced important decisions concerning borrowers.
The said Director General of the Fund Sabbar al - Saadi in a press statement that " the bank has prepared economic feasibility of financial and legal plan aimed at raising the lending process level and simplification of procedures, articulating he decided to direct next year 2020, lending to residential investment complexes.
He noted that the Fund in the process of agreeing on a formula To pay interest in agreement with the investor, or to lend to individual lenders with citizens holding the investment housing unit, N his decision and part of its plans to facilitate procedures for citizens, fine repayment installments for 24 months on all borrowers in arrears for payment for a year or two years.
He noted Saadi that the bank faced the problematic process of collection of fines by the company (to Card), causing the lack of access amounts to the bank despite deducted from citizens, and thus the process of payment delays and registration of fines Tojerih against them, warning that the bank held a direct meeting with the National Company The smart card has to contract directly with it on new mechanisms to ensure money arrives.
He said that the bank provides great facilities to the elderly and the disabled through the completion of the current transactions without delay, in addition to the recent decision in the same context to accept members of the security forces as sponsors.
The Director General of the Housing Fund confirmed that his department since the beginning of its actual work in 2011 through the enactment of Law No. 32 for the year 2011 and so far, has been able to provide 119 thousand housing units for citizens, pointing out that the Fund, the launch of the application of Alkhadron Elkhadron Almkhtron Indicating that the work is done through the launch of a form prepared for this purpose, including sending a message to the owner of the transaction containing a number to be reviewed through which to complete transactions and reduce the momentum of the transaction, usually the procedure within Activation of e-governance allegiances.
He disclosed that the interest income earned to the fund reached JD 100 million daily, indicating that the bank transfers it to the national economy by guaranteeing the continuity of the operation.
Al-Saadi said that the bank has a plan to lend the provinces liberated from the desecration of ISIS terrorists after the completion of the settlement of the displaced, especially that the bank intends to obtain clear data reliable lending process, calling in the same context, Baghdad Municipality to change its laws, which are not commensurate with the development of housing. It still rejects any construction of more than seven layers, which usually does not take into account the growing need for housing and cover the deficit of two million and 700 thousand housing units.
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