Payment of the National Housing Movement loan was postponed

According to Tejaratnews, Rostam Ghasemi, yesterday, referring to the fact that in a meeting with the head of the Central Bank, it was decided to announce the payment of the facilities of the Housing Production Leap Law to the banks today (November 4, 1400), said: 360 thousand billion tomans per year have been allocated to the housing sector.

He stated that if a bank does not fulfill this obligation, a 20% tax penalty will be imposed, adding: the share of each province and also the ceiling of the number of units in each city have been determined; These facilities have been announced and the builders can request the first part of these facilities from tomorrow morning, when they start the operational-executive work. These facilities are paid in several stages.

Ghasemi clarified: these facilities are subsidized and are among our obligations; Land is also provided to the applicant for 99 years, which is free of charge, which has been identified by the Ministry of Roads and Urban Development for 900 cities.

Meanwhile, the Minister of Roads and Urban Development stated today that the decision to pay the loans of the National Housing Movement was notified to the banks on 10 November, adding: the payment of the facilities will be delayed by a few days and will be operational in the next one or two weeks.

Source: Tasnim