Terms of receiving a housing renovation loan were announced

According to Tejarat News, the Deputy Minister of Roads and Urban Development announced that the loan for the renovation of worn-out structures would be halved and said: This loan is 450 million Tomans in Tehran, 400 million Tomans in metropolitan cities and 350 million Tomans in other cities.

He continues: The loan is without deposit and only the property should be worn out. The housing bank will then repay the loan.

The Deputy Minister of Roads and Urban Development announced the increase of the renovation loan ceiling yesterday and said: the ceiling of the housing renovation loan in the worn-out area reached 600 million Tomans. Applicants can receive 150 million tomans of their loan amount without bank interest.

Payment of 150 million Tomans from renovation loan without bank interest

The Deputy Minister of Roads and Urban Development also announced that the amount of renovation of worn-out structures had increased in four cities. In the city of Mashhad, Qom, Shiraz and Tehran and in the area of ​​the shrine of Imam Reza (AS), the shrine of Imam Masoumeh (AS), the shrine of Shahcheragh (AS) and the shrine of Hazrat Abdolazim (AS) reached a ceiling of 600 million Tomans. Also, 150 million Tomans will be paid from the loans of all applicants without bank interest.

Aini announced the condition for paying the renovation loan up to 600 million Tomans in the dilapidated area of ​​four cities and in the area of ​​the shrines to receive a construction license and the necessary permits. He added: “This group of applicants must also do 10% of the renovation.”

The Deputy Minister of Roads and Urban Development explained about the details of receiving the worn-out texture facilities: All the owners and mass builders who have constructed in the area of ​​worn-out texture, informal settlements and historical texture, They received the instrument and their project is at least 10% physical progress, they can apply for worn tissue facilities in two ways.