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Housing Fund confirms its continued granting of building loans
Emaar Construction
Economy News _ Baghdad
The housing fund of the Ministry of Construction and Housing, on Monday, continued to distribute loans for the construction of houses, noting that loans for the purchase of housing units have been implemented.
"The fund continues to distribute construction loans amounting to 35 million as a loan to build a housing unit in Baghdad and 30 million dinars in the provinces," said the director of the General Fund in the name of the fund Bahaauddin Mustafa in an interview with the newspaper "Economy News."
He added that "the terms of loans is to be the area of 100 square meters of the piece and be independent of the Department of real estate as well as the guarantee of an employee whose nominal salary is twice the amount of monthly repayment of the loan."
"The fund ended the borrowing of (50 million), which was part of the initiative of the government (850) billion dinars to support housing in Iraq, which includes the distribution of loans for the purchase of residential units investment."
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Emaar Construction
Economy News _ Baghdad
The housing fund of the Ministry of Construction and Housing, on Monday, continued to distribute loans for the construction of houses, noting that loans for the purchase of housing units have been implemented.
"The fund continues to distribute construction loans amounting to 35 million as a loan to build a housing unit in Baghdad and 30 million dinars in the provinces," said the director of the General Fund in the name of the fund Bahaauddin Mustafa in an interview with the newspaper "Economy News."
He added that "the terms of loans is to be the area of 100 square meters of the piece and be independent of the Department of real estate as well as the guarantee of an employee whose nominal salary is twice the amount of monthly repayment of the loan."
"The fund ended the borrowing of (50 million), which was part of the initiative of the government (850) billion dinars to support housing in Iraq, which includes the distribution of loans for the purchase of residential units investment."
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