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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


    Reconstruction reveal the granting of loans from the Housing Fund mechanisms and launches serviced l

    Rocky
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    Reconstruction reveal the granting of loans from the Housing Fund mechanisms and launches serviced l Empty Reconstruction reveal the granting of loans from the Housing Fund mechanisms and launches serviced l

    Post by Rocky Sat Mar 26, 2016 4:00 pm

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    Reconstruction reveal the granting of loans from the Housing Fund mechanisms and launches serviced land project


     Baghdad / Jawad- Muhannad Ibrahim Ibrahim 

    Counting economic advisor to the prime minister, Haider Abadi, on Friday, that therevitalization of the residential sector contributes to move the Iraqi economy, while the Ministry ofConstruction and Housing, Municipalities revealed near the launch of the "underserved territories" and sold theproject prices not exceeding 15 million dinars, promised the secretariat of Baghdad that " It is not the responsibility of the " ministry. he said the appearance of Mohammed Saleh, economic advisor to the prime minister, in an interview to the (long - Presse), " the revitalization of the residential sector is part of theCenter Bank of Iraq initiative , which allocated Trliuna and 200 billion dinars for the housing fund in the context of soft loans amounting to six billion dollars to support the economic sector , "noting that" the housing fund will provide loans of 50 million dinars for housing construction from the amounts allocated to him. " promised favor, that" the initiative is a smart move by the government to move the Iraqi economy because construction absorbs 20 percent of the labor force and contributes running the 20 paragraph and buy more than 200 items , "noting that" the revitalization of the residential sector will stimulate the economic and commercial sectors and services associated with it. " For his part, Minister of construction and housing, municipalities, Tariq Kikhany," the ministry already obtained the approval to start the project , serviced land, which includes thesale of citizens cut equipped with water, sewage and roads services through investment prices do not exceed 15 million dinars , "noting that the " Ministry "called on Chinese companies to contribute to the project." he added Kikhany, in a ministry statement received (range Press) copy of it, that " discussed with representatives of the plans and projects of strategic and future service and ways of cooperation by Chinese companies ,"expressing that it" welcomed the entry of major Chinese specialized companies implementing projects in thefield of reconstruction and construction and service projects, including water and sewer, in a way payment oncredit and in line with the current situation of the country. " the Department disclosed construction and Housing and public municipalities, for the granting of loans from the Housing Fund mechanisms, while confirming the allocation of 20% of the amount set for the Housing Fund for the purposes of the purchase ofresidential apartments of investment complexes, pointed out that the amount of the loan for the construction of one house of 35 million dinars in the capital , Baghdad , and 30 million dinars to the provinces two batches form Tkst 15 years. In a related development, Minister of Construction and Housing announced, " theratification of the detailed mechanism for implementing the cabinet 's decision to lend to the housing fund under the ministry mechanisms included lending to fund 850 billion dinars." the statement quoted Kikhany saying, "it was allocating 20% of the allocated for the Housing Fund amount (excluding the Kurdistan region) for the purposes of the purchase of residential apartments of investment complexes , "noting that" the right to the Fund 's board of Directors modified ratio according to the actual need as it will be allocated 747.473 billion dinars will be at around 80% of any amount of 597.978 billion dinars for individual lending and 20% ofany amount of 149,495 for the purchase of apartments. " he stressed Kikhany it" will be put to grant special to buy apartments loans appropriate mechanisms after the completion of the development of mechanisms forindividual lending and then determine the appropriate residential complexes that meet these conditions ,"pointing out that" monthly premiums for new loans under the CBI initiative be in two installments the first 40% upon completion of Albadlo stage and the second 60% upon completion finishes the stage or be the first 60% upon completion of Almsagv structure and the second 40% upon completion of stage finishes and procedures for Housing Fund Act detects site itself and the other with respect to the previous loans. " Kikhany he said he" will last the same amount the adoption of a maximum of 35 million dinars to Baghdad , and 30 million dinars for the rest of the provinces that the work will continue for the payments received for a period of15 years , the fund conditions , "stressing that" the mechanism and the new conditions depends of theamounts borrowed under initiative with the insurance premium by the amount received from the borrower. " The minister pointed out that" according to the central bank 's initiative will be the loan amount to no more than 50 million dinars for each lending case bears the borrower an annual interest rate of 2% in favor of thecentral bank and downloads administrative one - time 1% "pointing out that" the loan term is ten years maximum, to be the restoration of the loan in equal monthly installments within the prescribed period. " He explained Kikhany, that " the loan is also granted for the purpose of construction or start building who owns apiece of residential land on the face of independence or rumored to him and not be less than the land collectivized area of 100 m2 and not less construction area of 65 m2 , " noting that " the loan is not granted to build on cutting agricultural land and industrial, as the loan is granted for those wishing to purchase residential units of investment , or subject to the investment law, which not less than the net area of 65 m2. " He pointed out that" the loan is also granted for the reconstruction of housing units destroyed due toterrorist operations and in order of priority starting with the ceilings completely destroyed housing units ", oncondition that "provides the beneficiary guarantor or more permanent civil servants on the permanent staffing or employees of the Interior Ministry so that it covers half the salary nominal monthly installment impact owed ​​by the amount of the borrower and to ratify the sponsorship of a notary Fund and the sponsor department undertakes to deduct the monthly installments from the salary of the sponsor at the request of so from thehousing fund. " he noted Kikhany that" the borrower Sejer between lending law Housing Fund or to wait for the availability of cash to him and the lending under the CBI initiative and also the written request of theborrower. " for his part , said a spokesman for the secretariat of Baghdad, Hakeem Abdul - Zahra in aninterview with the (long - Presse), said that " the mechanisms in place for the granting of housing loans, requiring not less than the land area of 200 m2," returned to "directed the Ministry of construction and housing, municipalities sale of serviced land is not their responsibility if within the capital and within themunicipal boundaries of the secretariat . " . he stressed Abdul - Zahra, that " the granting of land and leave construction bonds the responsibility of the secretariat of Baghdad , whether in the capital, and the province of Baghdad if the turf." the Minister of Construction and housing, municipalities, Tariq Kikhany, announced in ( the 16th of March current 2016), for the Bank 's lending Central amount trillion and 200 billion dinars for thehousing fund, stressing that 850 billion dinars , of which will be spent next week.
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