Minister of Construction: housing loans will cover all applicants3/31/2016 0:00 [rtl] BAGHDAD - Omar Abdel - Latif , Minister of Construction and Housing, municipalities Tariq Kikhany revealed that allocated for the Housing Fund loan value amounted to 850 billion dinars, confirming thelaunch of housing loans to citizens over the next few days. He Kikhany at a news conference in the House of Representatives when hosted by the Commission services and reconstruction parliamentary and attended "morning": that " theHousing Fund of the important projects that have had a significant role in providing services to low income citizens, where managed this fund alone the completion of70,000 housing units, returned this large figure compared with an allocation of the funds to be spent on citizens through individual lending or investment. " He added that" his ministry has contracted with the Central Bank within the initiative launched by the Prime Minister to allocate to the Housing Fund in order to accelerate regardless allocated for citizens and expand lending payments ", adding that" the value of the loan amounted to 850 billion dinars may ministry the implemented programs through the fund and the provision of housing units for citizens , "explaining that" if the entry into force of these amounts, the central bank promised to make other payments from which to act and the inclusion of the largest number of citizens. " he continued Kikhany" the end of next week will see the disbursement of these funds to the Housing Fund of the Central Bank and then open loans door , which will cover all amounts to borrowers with financial abundance, where he will be the priority of thepresenters during the past years and an estimated 350,000 citizens , "suggesting that" the ministry recognized the role that collapsed as a result of terrorist attacks or military through the funding of their owners $ 50 million dinars. " and on the loan interest rates explained Kikhany that" the interest rate of 2 percent, stressing that " the ministry has been able to extend the repayment period of 5 to 10 years, as well as giving a period of grace of one year after the Fund to pay the amounts to the Central Bank , "pointing to" the existence of a proposal from the Commission for the extension of municipal services allowing to 18 months instead of the one - year period. "[/rtl] [rtl][You must be registered and logged in to see this link.] [/rtl] |
Minister of Construction: housing loans will cover all applicants
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