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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The Housing Fund: We have granted about a quarter of a million loans to build housing units so far

    Rocky
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    The Housing Fund: We have granted about a quarter of a million loans to build housing units so far Empty The Housing Fund: We have granted about a quarter of a million loans to build housing units so far

    Post by Rocky Fri 14 Apr 2023, 4:54 am

    The Housing Fund: We have granted about a quarter of a million loans to build housing units so far

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    Economy News-Baghdad
    Today, Thursday, the Construction and Housing Fund issued a clarification regarding the 60 million loan, while specifying the repayment period.
    The director of the planning department in the fund, Ahmed Hashim Abed, told the Iraqi News Agency, “The loan for the Housing and Construction Fund according to Law 32 of 2011 differs from the initiative of the Central Bank,” noting that “all amounts issued by the fund are without interest, except that there are charges.” Administrative rate of 2 percent taken for 15 years, which is a fixed amount.
    He explained, "The fund, according to the law, targets all groups, meaning that every Iraqi between the ages of 18 and 65 years can obtain a loan," noting that "the number of loans granted in the fund has reached 200,000 borrowers since 2005 until now, while The number of implemented housing units is about 200,000 units.
    Abd added, "The land area of ​​the applicant for the loan must not be less than 100 square meters of exchange property."
    He pointed out, "The loan amounts are granted as a maximum of 50 million in Baghdad and 40 million in the districts and districts, and as a result of the high prices for building houses and their cost, the Fund's board of directors decided to submit a request to the Board of Trustees, and the approval of the Council of Ministers was obtained yesterday to raise the lending ceiling in Baghdad and the provinces." And the centers of the districts, and the amount of the loan became 60 million dinars, equally for all.


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