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Release of housing loans under the new law
14/12/2011
BAGHDAD - Al Sabah
Proceed with the Ministry of Construction and housing early next year to grant loans to citizens of its Housing Fund in accordance with the new law, passed by the House of Representatives recently.
A statement of the Information Office in the Ministry of the Minister of Construction and Housing Mohamed's Darraji saying that the most important characteristic of the fund for housing is new is the inclusion of all citizens, without exception, IMF loans and not restricted to employees and retirees with the cancellation of interest on the loan and the sufficiency Bthmalat management is simple, as well as the inclusion of common bond of communal estate housing loan but not less land area than (100) m 2 in addition to a number of other benefits that go towards improving the standards of the best tender for the provision of adequate housing for all citizens.
He said the Angels Fund completed all preparations to start promoting the transactions of the citizens who wish to obtain a loan Housing Fund in Baghdad and the provinces.
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