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Launching the online application for housing fund loans


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Abadi called the mechanics Housing Fund loans

 

PM: 03: 17: 09/03/2016

 

 
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Khandan - called Iraqi Prime Minister Haider al - Abadi, the mechanics of the housing fund loans for construction and renovation and purchase of residential units. The media office of Ebadi said in a statement, said the latest honest "on the mechanics of lending to the Housing Fund for loans , the central bank's five trillion Iraqi dinars." According to the mechanism of the distribution will be loans at the provincial distribution of the adoption of the standard percentage of population (80%) and standard degree of poverty (20%) for each province. and the amount of each loan , including no more than 50 million paid to the beneficiary in two installments, the interest rate (2%) after one year grace one from the date of receipt of each batch, according to the statement. granted such loans for construction and the addition of construction and grants as well as for those wishing to purchase residential units in investment complexes, as he gives to rebuild housing units destroyed due toterrorist operations. the term of the loan to 10 years it is restored monthly installments equal within the period contributions, according to the statement.

 

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Basmajh residential compound in Baghdad

 

Author: AHF 
Editor: AHF 03.09.2016 14:55 Number ofViews: 263 

 

Long-Presse / Baghdad

Sadiq Prime Minister Haider al-Abadi, on Wednesday, to lend to the Housing Fund own mechanisms loans central bank amounting to five trillion Iraqi dinars, as stipulated distribution of loans standard adoption population ratio and the degree of poverty for each province mechanism, also stipulated that the loan no more than 50 million pay the beneficiary in two installments.

Information Office of the Prime Minister Haider al-Abadi, said in a statement received (range Press), a copy of it, that "the Prime Minister Haider al-Abadi approved the mechanisms of lending for housing fund loans, the central bank's five trillion Iraqi dinars."

The statement added that "according to the mechanism of the distribution will be loans distributed to the provinces to adopt a standard percentage of population (80%) and standard degree of poverty (20%) for each province," noting that "the amount of each loan no more than 50 million paid to the beneficiary in two installments, the interest rate (2%) after one year grace one of the date of receipt of each batch. "

The statement said that "these loans are granted for the purposes of construction and the addition of construction and grants as well as for those wishing to purchase residential units in investment complexes, as he gives to rebuild housing units destroyed due to terrorist operations," pointing out that "the duration of the lending will be 10 years are restored monthly installments equal within the period prescribed. "

The deployment of the Information Office of the Prime Minister of lending Housing Fund mechanisms, as follows:

General Conditions :

First: the distribution of housing loans to the provinces in accordance with the credit plan is by the Housing Fund and by 80% as a standard population ratios of 20% as the standard for the degree of poverty in the province (summarized in the attached table).

Second, be an Iraqi-old student loan (22) years and above full capacity and that the age of the beneficiary does not exceed 65 years.

Third, the interest is imposed on the granting of loans ratios are (2%) per annum for the benefit of the central bank.

Fourth: The Fund shall establish time limits for the completion of the transactions.

Fifth: The Housing Fund launched a website hotline phone service for the purpose of the follow-up phases of the completion of the treatment of the borrower loans and be a presentation via the website of the Fund without any financial payments are met.

Sixth: bears Director General of the Fund and directors of departments concerned and the director of the branch committees disclose full responsibility for the granting of the loan and check the conditions are met, each according to his responsibility.

Seventh: The update information of the borrower and the guarantor periodically Fund.

Eighth: Interest on loans is calculated by the central bank after a year grace one of the date of receipt of each batch of the central bank.

Ninth: The housing fund to submit periodic reports every three months on the work done by Governorate and the amounts to the Supreme Committee supervising the lending in the Prime Minister's Office.

Help lending:

First, the inclusion of all Iraqi citizens the loan in accordance with regulations issued by the Supreme Committee for lending in the Office of the Prime Minister.

Second, the loan is granted for the purpose of construction or add construction to those who owns a piece of residential land on the face of independence or rumored to him, and that no less earth communal space for 100 square meters and less construction area of ​​about 65 square meters, does not grant to build on plots of land agricultural and industrial.

Third, the loan is granted for those wishing to buy residential units in residential complexes or investment under the Investment Law which are no less net area of ​​about 65 square meters.

Fourth: The loan is granted for the reconstruction of housing units because of the devastating terrorist operations and in order of priority starting with the ceilings of demolished housing units completely.

Fifth: offers beneficiary guarantor guarantor or more permanent civil servants on the permanent staffing or employees of the Interior Ministry, half of their salary nominal cover the 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 when so requested by the Iraqi housing Fund officially.

Sixth: bears borrower wages of administrative services at 1% of the loan amount in favor of the housing fund is taken once when the first batch Exchange, and is distributed as incentives to the staff of the Fund in accordance with the instructions issued by the Board of Directors and approved by the Minister of Construction and Housing.

Lending ceilings:

Be the loan amount to no more than (50) million for each case of lending.

Pays the loan in two installments to the beneficiaries in accordance with instructions issued Fund Board.

Detection and guessing procedures:

Wages have met the detection and guesswork out of the beneficiary an amount (sixty thousand dinars) for each detection, these wages are distributed as incentives to employees in accordance with the instructions issued by the Board of Directors and approved by the Minister of Construction and Housing.

Duration of the loan and the repayment mechanism:

Be the loan term to 10 years (ten years) and the maximum is restored in equal monthly installments of the loan within the prescribed period.

The Housing Fund application payment mechanisms and grants, according to the instructions of the window.

 
 

Haider Al-Abadi
8 mins · 

رئيس مجلس الوزراء الدكتور حيدر العبادي يصادق على اليات اقراض صندوق الاسكان الخاصة بقروض البنك المركزي البالغة خمسة ترليون دينار عراقي.

ووفقا لالية التوزيع سيتم توزيع القروض على المحافظات باعتماد معيار النسبة السكانية (٨٠٪) ومعيار درجة الفقر (٢٠٪) لكل محافظة .

ويكون مبلغ كل قرض بما لايزيد عن ٥٠ مليون دينار يدفع للمستفيد على دفعتين، وبنسبة فائدة (٢٪) بعد سنة امهال واحدة من تاريخ استلام كل دفعة.

...See More
 
The Prime Minister Dr. Haider Al-Abadi endorse the events lending special housing fund loans of the central bank of five trillion Iraqi dinar.
According to the distribution will be distributed to the provinces of loans by adopting the standard percentage of population (80 %) The Criterion of the degree of poverty (20 %) For each province.
The amount of each loan by no more than 50 million dinars pays to the beneficiary in two instalments, per point (2 %) After a year mhạl one of the date of receipt of each payment.
The loans are available for building and construction, and gives you that for those wishing to purchase housing units in the investment pools, as it gives to the building of housing units destroyed because of terrorist operations.
And with a lending 10 years be recoverable bạqsạţ equal monthly within the scheduled time.
 
 
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Parliamentary Economy: Housing loans will provide job opportunities
economy

 Since 03.10.2016 at 11:42 (Baghdad time)

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Special - balances News

The Commission on Economy and Investment in Parliament on Thursday that the launch of Housing Fund loans have a positive impact on the economic reality, showing it is possible to be launched in the next few days.

He said committee member Najib Najib's / balances News /, "The Housing Fund loans will reflect a positive impact on the economic reality, and it provided jobs, and move the local market, in addition to amplify the role of banks because of the way will be the creation of citizen trust bank, will also help to bring in foreign expertise into the country to carry out construction projects, as well as the possibility of re-damaged homes due to terrorist operations. "

She said Najib, "After the announcement of the special mechanisms of the loans could be launched in the next few days, not on Advanced conditions in accordance with the mechanisms set out, where they are rendering them via electronic form linked to Rafidain Bank agricultural, industrial, real estate and banks in Baghdad."

She pointed out that "This project is presented by a committee of economy and investment since 2015, but there were fears go the money into other than what was allocated and disbursed wrong, but he has recently been discussed thoroughly and the development of mechanisms its own."

The Prime Minister Haider al-Abadi honest, on Wednesday, on the mechanics of lending to the Housing Fund for loans, the central bank's five trillion Iraqi dinars, according to the mechanism of distribution where will distribute loans to the provinces to adopt a standard percentage of population (80%) and standard degree of poverty (20% ) for each province.

From: Ola Massaol

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Minister of Construction: near the launch of the housing fund for the construction and renovation loans
Economy

 Since 03/13/2016 15:46 pm (Baghdad time)

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BAGHDAD - balances News

Said Minister of Construction and Housing, Public and Municipal Tariq Kikhany, Sunday, firing from near the Housing Fund loans for construction and renovation, and the purchase of residential units in Baghdad.

The minister said in a statement to his press office received / balances News /, a copy of it, that "the work is underway to regulate the granting of the loan procedures and the amount of" 50 "million dinars after obtaining the Prime Minister authentication to lend to the Housing Fund own mechanisms loans the central bank's five trillion Iraqi dinars "noting that" the distribution of the Fund's loans to the provinces mechanism will be the adoption of a standard population figure "80%", standard degree of poverty, "20%" of each province. "

He added, that "the amount of the loan would be for no longer than about" 50 "million dinars paid to the beneficiary in two installments, the interest rate" 2% "After a year grace one of the date of receipt of each batch granted for the purposes of construction, and the addition of construction, grants as well as for those wishing to purchase residential units in complexes investment, it also grants for the reconstruction of housing units because of the devastating terrorist attacks. "

The minister stressed that "the distribution of the loan amount on Baghdad and the provinces will be according to population ratios and the degree of injustice, as well as the exchange mechanism of the new lending transactions that have not been receiving any amount of them, as well as transactions that have been a boost exchange or two batches of them, where they will be the conclusion of a contract or a contract with the borrower extension ; for the purpose of dues Exchange under the new mechanism, "noting that" the duration of the lending will be 10 years it is restored monthly installments equal within the period, with an interest rate imposed on the granting of loans, "2%" percentage each year in favor of the central bank, will the housing fund the launch of the website service, direct phone line; for the purpose of the follow-up phases of the completion of the treatment of the borrower loans, will be the introduction through the website of the Fund without any financial payments are met. "

And the statement, "The loan is granted for the purpose of construction, or add construction to those who owns a piece of residential land on the face of independence or rumored to him, and not less than earth communal space for" 100 "square meters, and not less construction area of ​​about" 65 "square meters, is granted the loan to build on agricultural and industrial plots of land, as well as grants for those willing to buy residential units in residential investment complexes, or subject to the investment law, which at least net area of ​​about "65" square meters ".

The minister said that "the loan will be granted for the re-construction of housing units because of the devastating terrorist attacks, and in order of priority starting with the ceilings of demolished housing units in full." It ended 29/9 P

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BAGHDAD / IBN

Minister of Construction and Housing and public municipalities Tariq Kikhany, all near the launch of the housing fund loans for construction and renovation and purchase of residential units in Baghdad and all the provinces after the Prime Minister's approval.

He Kikhany in an official statement of the Iraqi transmission network "IBN" received a copy of it, that "work is under way to regulate the granting of the loan procedures, amounting to 50 million dinars after obtaining the Prime Minister authentication on lending to private housing fund loans, the central bank's five trillion Iraqi dinars mechanisms," He pointed out that "the distribution of the Fund's loans to the provinces mechanism will be the adoption of a standard percentage of population (80%) and standard degree of poverty (20%) for each province."

Adding that "the amount of the loan would be for no longer than 50 million paid to the beneficiary in two installments and interest rate (2%) after one year grace one of the date of receipt of each batch granted for the purposes of construction and add construction, grants as well as for those wishing to purchase residential units in investment complexes, as he gives to rebuild housing units because of the devastating terrorist attacks. "

He stressed that "the distribution of the loan amount on Baghdad and the provinces will be according to population ratios and the degree of injustice as well as the exchange mechanism of the new lending transactions that have not been receiving any amount of them, as well as transactions that have been batch or two batches of them exchange where it will enter into a contract or a contract with the borrower for the purpose of dues Exchange extension in accordance with the new mechanism

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History of edits:: 14.03.2016 14:07 • 41 visits readable
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{Baghdad} Euphrates News confirmed that the Ministry of Construction and Housing and public municipalities, continuing Housing Fund to grant mortgage loans to citizens.
According to a statement of the ministry and the agency {Euphrates News} received a copy of the "circle of the Housing Fund one of the formations ministry continues to grant mortgage loans to citizens since its inception in 2004 until the month of February 2016 and for more than ten years of continuous tender for all the Fund 's branches scattered in the provinces of Iraq." 
He said " The number of payments lending for the months of January and February 2016 amounted to 1681 lending a boost although not we receive any amount of financial allocations for the Fund for the year, indicating that the ongoing work of the Fund , as the number of payments for these two months down the first 584 and second 298 and the third and closed 799 a boost." is over
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Minister of Construction and Housing Tariq Kikhany, for central bank lending amount trillion and 200 billion dinars for the housing fund, as he emphasized that the 850 billion dinars, of which will be spent next week.
Said Tariq Kikhany, during a press conference at the parliament building, he said that "the Iraqi Central Bank lent Housing Fund amounted to $ 850 billion dinars will be spent over the next week and then the bank for disbursement to the citizens of borrowers and the amount of 350 billion dinars, the other with a financial abundance."
Kikhany He added that "the ministry through the Housing Fund helped build 70,000 housing units," noting that "these units have been built through individual lending to citizens except residential complexes contracted by the fund to be provided."
He Kikhany that "The ministry can provide housing units for citizens through direct lending to those who wish to build housing units," pointing out that "the payment of the amount would be one year after the receipt of the amount."
Referred to the Housing Fund said on Tuesday (March 15 2016), near the launch of the new regulations on housing loans approved by the Council of Ministers, while noting that the Fund will meet soon to determine the loan disbursement mechanisms.
 
separator.gif   Views 27   Date Added 17/03/2016 - 9:04   last updated 17/03/2016 - 11:49   No. Content 2456
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Project Amiriyah residential complex of the Ministry of Construction and Housing

 

Author: AR, HH 
Editor: AR, HH 16/03/2016 15:20 Number of Views: 1275 

 

Long-Presse / Baghdad

Said Minister of Construction and Housing Tariq Kikhany, Wednesday, for the amount of central bank lending trillion and 200 billion dinars for the Housing Fund, as he emphasized that the 850 billion dinars, of which will be spent next week.

Said Tariq Kikhany during a press conference at the parliament building and attended, (long-Presse), said that "the Iraqi Central Bank lent Housing Fund amounted to $ 850 billion dinars will be spent over the next week to fund housing and then the bank for disbursement to the citizens of borrowers and the amount of 350 billion dinars, the other with a cornucopia Finance. "

Kikhany He added that "the ministry through the Housing Fund helped build 70,000 housing units," noting that "these units have been built through individual lending to citizens except residential complexes contracted by the fund to be provided."

Kikhany He continued, "The ministry can provide housing units for citizens through direct lending to those who wish to build housing units," pointing out that "the payment of the amount would be one year after the receipt of the amount."

Referred to the Housing Fund he said, Tuesday (March 15 2016), near the launch of the new regulations on housing loans approved by the Council of Ministers, while noting that the Fund will meet soon to determine the loan disbursement mechanisms.

And endorsed Prime Minister Haider al-Abadi, on Wednesday, (March 92 016), to lend to the Housing Fund own mechanisms loans the central bank's five trillion Iraqi dinars, as stipulated distribution of loans standard by adopting a mechanism population ratio and the degree of poverty for each province, also stipulated that no more than loan for 50 million dinars paid to the beneficiary in two installments.

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4540.jpg     separator.gif BAGHDAD / Economy News ...
 
 
The Ministry of Planning, that the distribution of the housing units and stalls on the poor, part of a government national strategy to combat poverty began in 2012, indicating that it has implemented projects related to the topic in the provinces of Kirkuk, Diwaniyah and Wasit, while calling the Commission services representative to the inclusion of children of martyrs and fighters of the popular crowd to those units , economic Adviser to the Prime Minister on the allocation of loan fifty million dinars for the purposes of housing revealed.
 
A spokesman for the ministry, Abdul Zahra al-Hindawi, said that the distribution of the housing units and stalls on the poor decision to affordable, comes within the framework of the national strategy for poverty alleviation in Iraq, which began working out since 2012, "noting that the" strategy aimed at alleviating poverty in the areas of housing, health, education, food and empowerment of women in society. "
Hindawi said that "The project included the establishment of residential compounds in poorer provinces, Kalmtny, Najaf and Dhi Qar, Salahuddin, Anbar and Maysan and Nineveh and Wasit," noting that "the work has already begun to implement housing complexes, where actually completed in the provinces of Kirkuk and Wasit, but stopped in other areas as a result few allocations and security implications. "
The spokesman explained that "The ministry also completed a project stalls province of Diwaniyah, which is in the process of establishing controls distribution to the poor," pointing out that "the Council of Ministers approved last week, to have those residential units distributed based on criteria that include the number of children, and whether the employer is disabled family or a martyr, or do not have the housing units. "
Hindawi said that "the ministry has identified in coordination with local governments in the provinces, the price of the housing units in the amount of 40 million dinars, that the government bears the half, the citizen pay the other half, in installments over 20 years."
Consultant Abadi: KD 50 million loan for housing purposes
To that, the economic advisor to the Prime Minister Haider al-Abadi, said that "the Prime Minister launched loans for housing, which is up to JD 50 million housing unit."
He said the appearance of Mohammed Saleh, that the slow pace of the legislative process, hampering the work of the state, but the agreement, which was recently between the legislative and executive branches, creating a channel take on the economic legislation of laws as a priority, "noting that it" contributes to the speed of the adoption of draft laws concerning the company guarantee deposits, banks and other ".
Saleh continued, that there is "a draft law on the governance of State-owned banks to ensure the efficient functioning will be presented within the legislative channel accelerated."
 
Services Committee: a call for the inclusion of children of martyrs and fighters of the popular crowd residential units and stalls
For his part, member of the parliamentary commission services, the need for the inclusion of children of martyrs and fighters of the popular crowd for the poor residential units.  
Said Tawfiq al-Kaabi, said that the Committee will meet with the Minister of Municipalities in the coming days to discuss the need for a database set up for the distribution of the housing units, and to ensure the inclusion of the families of martyrs and fighters of the popular crowd who do not have residential land, "adding that" the Commission will follow up the issue with other concerned ministries such as planning, to stand on the developments taking place in this regard. "
The General Secretariat of the Council of Ministers, confirmed, (the 14th of March current 2016), the Council approved the proponents of the Ministry of Planning on housing and kiosks distributed to poor controls, indicating that the first proposal included economic housing, which the government bear 50% of the cost of the housing unit the actual, the beneficiary of a percentage of the remaining cost and bears to pay in monthly installments over 20 years, and that the amounts allowances sales accrue to the public treasury of the state and the state bear the special recovery fund administrative expenses increased by one percent.
The second proposal provided for the shops and stalls, as the government bears 50% of the cost of the stalls and the actual shops and borne by the beneficiary ratio of 50% is also of the remaining cost to be paid in monthly installments over five years, and to devolve amounts allowances for sale to the public treasury of the state, bear state expenses Special administrative recovery of funds by one percent.
The Council of Ministers Resolution No. 71 for the year 2016, based on the provisions of Article 40 of the Law of the sale and lease of state funds No. 21 of 2013.
 
  Views 5   Date Added 03/17/2016 - 9:45   last updated 03/17/2016 - 09:56   No. Content 2461
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Thursday , 17 March 2016 16:28
 
 
 
 
 
 
 
 

To accelerate loans outstanding payments to the citizens Exchange, the Minister of Construction and Housing disclosed during a press conference at the House of Representatives with the parliamentary services for Housing Fund received the amount of eight hundred and fifty billion dinars from the central bank as a down payment for the provision of loans to the beneficiaries. 

In this context, Tariq Kikhany, Minister of Construction and Housing, said: "Today was a contract between the Ministry of Construction and Housing of the housing fund under the initiative launched by Mr. Prime Minister." 

 
 

The minister also revealed the allocation of funds from the Fund for the reconstruction of damaged houses in the hot spots. 

Kikhany He added: "the issue of the affected areas was given a special feature of all the homes that have been terrorism, Vsndouk Housing will finance this role." 

According to the Ministry of Housing, the start repay the loan installments one year after receipt, pointing out that the Commission services and reconstruction parliamentary requested the extension to allow for a year and a half period in order to give another six months of the citizen in repayment. 

You can watch the video report above.
 
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History of edits:: 29/03/2016 14:09 • 30 visits readable
Ages: Housing Fund loans forms [free]
[Where - Baghdad] 
confirmed that the Ministry of Construction and Housing, said on Tuesday that "housing fund loan forms [free]."
He called on the Minister of Construction and Housing and public municipalities Tariq Kaگana in a statement received by all of Iraq [where] a copy of it today , "citizens who wish to obtain housing fund loan application form for free and do not buy them from the owners of weak souls and the corrupt." The 
minister said according to the statement that "we call on the honorable citizens in Baghdad and all the provinces of desiring the Housing Fund loans not to buy lending form of weak people and extortion illegally and buy them outside the controls were recently monitoring similar cases ", calling for" cooperation of citizens and the behavior of the right way to get the loan application form by reviewing the IFAD headquarters or visit the Fund 's website and removed from the website for free. " 
He Kikhany that" the ministry is seeking with all its possibilities to lighten the burden on citizens by finding new ways to get a loan and pay the premiums and provide all possible facilities for the completion of transactions and facilitate procedures and bypass the red tape, as well as a mechanism easy it has been working out where each citizen to take advantage of them by entering the Iraqi Housing Fund website to see the stages of the process for holding the course of his treatment , and this can make it easier for citizens bother to come to the Fund 's Department for follow - up treatment measures. "
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Minister of Construction: housing loans will cover all applicants

 

 

   
 

 
 

3/31/2016 0:00 

 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 " the Housing 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 of 70,000 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 the presenters 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. "

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Housing Fund: Payments lending for the month of March totaled 981 boost


07/04/2016

Housing Fund: Payments lending for the month of March totaled 981 boost

 

 

BAGHDAD / JD / .. The Minister of Construction and Housing and public municipalities Tariq Kikhany continue Housing Fund grant mortgage loans to citizens, despite not receiving the financial allocations for this year.
He said in a statement Kikhany / KD / received a copy of it: that the Department of Housing Fund one of the formations ministry continue granting loans since its inception in 2004 until the last month of March and for more than 10 years of continuous tender for all the Fund's branches scattered in the provinces of Iraq.
The minister said the number of payments lending for the month of March 2016 totaled 981 lending a boost although not we receive any amount of financial allocations for the Fund for the year, indicating that the ongoing work of the Fund, as the number of payments for this month the first batch 376 and the second was 157, and the third and closed 448 payment.
It is noteworthy that the citizen can provide treatment and receive the loan through branches scattered in all the provinces of Iraq and the implementation of all measures, including the receipt of the instrument in the same province. / End / 22 / 

 

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Integrity calls for close co-ordination between the central and the housing fund

 

 

   
 

 
 

4/18/2016 0:00 

 BAGHDAD morning 

Integrity Commission has proposed a clear and declared a mechanism contributing to the achievement of the reviewers citizens of the departments of the Ministry of Housing, Municipalities and Public Works, tight transactions on the importance of direct coordination between the Central Bank of Iraq and fund housing situation; for the purpose of accelerating the pace of disbursement of loans to the citizens. The 

Commission said in a statement, received "morning " a copy of it, that a report prepared by teams mobile inspection, conducted a series of field visits sudden and secret to the ministry headquarters housing fund; to stand on their performance and the level of services that Iqdmanha citizens and diagnosis of the negatives that hinder the provision of better services to them, it was revealed Avcgarhma mechanism clear and declared governing the audit process citizens, especially about the special replace land plots and obtaining the loan requests of citizens, where people Panel in its methods (bureaucracy) and pro forma non - essential contribute to the delay in the completion of transactions for long periods, up to two years in some cases; forcing some reviewers to abandon their transactions on Although the allocation of plots of land to them by the minister, pointing out that this is deprived segments due to the land (including the families of martyrs) of entitlements; because of land to citizens customize left interactions; because of delays and procedures routine unexplained. 

The report called for , the ministry has developed a clear and declared and rapid mechanism ; to reduce fraud that may accompany the process of promoting loans either for individuals or companies transactions, stressing the importance of non - receipt of letters of guarantee only by Certified mail exclusively, to be recycled those accredited from time to time. 

He warned the report, according to the statement, the the need to complete the necessary regarding the health of the issuance of official documents submitted rapidly to obtaining approvals on loan disbursement and administrative procedures, calling for direct coordination between the Central Bank of Iraq and the housing fund; with a view to the latter to support financially; for the purpose of accelerating the pace of disbursement of loans to citizens. 

It warned teams at the conclusion of its report that there is no the timing of clear and specific for the completion of transactions of the citizens, leaving queries staff in a number of departments of the ministry to their places of work, allowing a number of contractors to enter the workplace without getting them entry badges like the rest of the reviewers.

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Director General of the Rasheed Bank Aukd's (dinars) inclusion of all employees and citizens housing loans


04/20/2016

Director General of the Rasheed Bank Aukd's (dinars) inclusion of all employees and citizens housing loans

 

 

BAGHDAD / Karim Jassim al-Tai / .. Rasheed Bank director general of the Ministry of Finance Mohamed Abdel Wahab revealed that the bank financed 37 apartment complex distributed in all provinces Alarac.makda inclusion of all citizens and staff housing loans of up to 75 million dinars.
Said Abdul Wahab, in a statement singled out by the agency / KD / economic: that the bank allocated a trillion and a half trillion dinars within the plan Alotmanah 2016 spread over 151 branches of the bank in Iraq in order to grant loans to all sectors, including industrial, agricultural and residential, small and medium enterprises. He is pointing out that the residential sector had the largest share of investors during the financing for the construction of housing units for the purpose of reducing the housing crisis that has plagued Iraq.
He said: that the bank currently finances 37 residential project spread over most of Iraq's provinces, including Baghdad, Basra, Kirkuk and Tikrit, Diwaniya and other province, where reached an advanced achievement in some of these residential complexes ratios.
He said Abdul Wahab that the bank gives two types of loans for the construction of residential complexes, the first granted to investors after it is more than 25% of the construction and completion of the project to ensure the properties clog the value of the loan.
He added: The second type of loan is granted to citizens, employees and the private sector to buy housing units horizontal or vertical .mnoha that the bank identified loan housing units for staff and an interest rate of 8%, including 7% of the bank and 1% for an investor in the amount of 75 million dinars and citizens of 40 million dinars to be paid the loan duration of 15 years.
He pointed Abdul Wahab said the bank contributed to the revitalization of the industrial sector by granting large loans for the operation of large plants or buying new production lines, and these projects are laboratories for the production of cement in Samawa and lab turnkey construction in Wasit province, and complex breeding cows in the Rashidiya area in the province of Baghdad and other projects that contribute to the development of the work of the private sector and the promotion of industrial and agricultural development and livestock.
And Abdel Wahab that the bank followed up and visit Almtlko projects to reach a deal with the problems faced by these projects and promotion of .mnoha that the bank has Ptkst accumulated loans to entrepreneurs Almtlko addition to increasing the duration of repayment of loans obtained from the bank the fact that the bank aims to the development and advancement of the productive sectors.
Abdul Wahab confirmed that the bank decided to reduce the interest rate from 10% to 8% .daia all beneficiaries of bank loans to abide by the dates of the payment of premiums lending in order to benefit from the largest possible number of beneficiaries of the lending process of inclusion. / End / 22 / 
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The launch of the Land Bank loans

 

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Economy News / special .....

 

Publicly the Iraqi Real Estate Bank for the resumption of the launch of housing loans to build a pan-citizens by 30 million at an interest rate of 2% and pay extends to 20 years.

An official source in the bank that the bank resumed its activity in the launch of housing loans for all citizens in Baghdad and the provinces and the financial amounts ranging from 20 to 30 million and an interest rate of no more than 2% max for construction or add construction. The source urged all citizens to review the bank branches in the capital and the provinces in order to get housing loan application form and the promotion of official transactions for the purposes of the sponsor and the loan amount, purpose and registration on housing loan for the next period. He said the guidelines and instructions for granting housing loans for the construction of housing units involved to have the loan amount according to the building and about 20 million dinars for new construction of the space (75 m 2-100 m 2) and $ 25 million for an area (101 m 2-125 m 2), as well as grants $ 30 million for the construction area (126 m2 and above) extends the duration of the payment for (20) years of service and loan (2%).

 

 

Views 15   Date Added 14/05/2016 - 15:45   Last updated 14/05/2016 - 18:27   No. Content 3472

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History of edits:: 05/19/2016 13:14 • 6 visits readable
Land Bank: start receiving requests of citizens for housing loans interest rate of 4%
[Oan- Baghdad] 
Director General of Real Estate Bank in Iraq Khudair Abbas revealed that the branches of the bank in Baghdad and the provinces began to receive requests wishing to obtain housing loans, after the government has allocated 834 billion Iraqi dinars for that purpose.
He said Khudair in a press statement that the loan amount to no more than 50 million and not less than five million dinars , and interest at a rate of 4% annually on that payment will be made over 10 years, pointing out that such loans are granted for construction purposes and add construction and grants as well as for those wishing to purchase housing units. 
He added One of the conditions of submission that the least advanced age of 22 years and not more than 55 years, and will later extend the applicant 's age to 65 years, "adding that" the process will take place without a sponsor where it will be real estate support is the sponsor. " 
as Khudair called" beneficiaries this loan is to speed up the payment of monthly installments recycle amounts and the possibility of inclusion of other beneficiaries as well as to avoid the delay benefits up to 12% in the case of late payment of premiums. 
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16109.jpg?width=400&height=300&crop=auto

Side of the city Basmaja residential project that is the work done by the Korean company Imaging (Mahmoud Raouf)

 

 

Author: ZJ 
Editor: BK, HH 2/6/2016 14:14 Number ofViews: 81 

 

 

 

Long-Presse / Baghdad

Expected financial advisor to the Prime Minister Haider al-Abadi, on Thursday, the contribution of the housing fund and bank mortgage loans Bchgl 200 different paragraph work and revive the national economy, as in the House of Representatives Economic Committee confirmed that such loans "will serve the citizen and being able to cope with the housing crisis", she noted that Land Bank loan "broader and more flexible" and can be accessed from most of the other banks.

He said the appearance of Mohammed Saleh said in an interview to the (long-Presse), "The housing fund loan differs from that given by the Land Bank," noting that "the Land Bank specialist a Finance Ministry while under the Ministry of Housing Fund".

Saleh added that "housing fund loans were interest-free, but the receiving funding from the central bank estimated B850 billion dinars, forced him to impose interest rate of 2%, especially since the loans amounting to 50 million dinars, long lasting, up for repayment of five years, subject to extension," He is pointing out that such "loans involving the economic benefit of the country being run contribute paragraph 200 different work of pigment into mourning and others."

And on the land, which the Cabinet decided to distribute to citizens, the financial advisor for Ebadi stressed that "the Ministry of Finance will develop their own instruction in cooperation with local governments," pointing out that "the distribution of these lands will be serviced to invest the empty spaces within cities, sort and sell zones."

For her part, member of the Committee of Economy and Investment in the House of Representatives Najiba Najib, in an interview to the (long-Presse), "The housing fund and bank real estate loans, both of which are reserved for the construction, building and ease the housing crisis," noting that "the loan housing fund is interest-free because the year Monday percent imposed for administrative matters. "

Najib explained that "loan Land Bank broader features greater flexibility granted by the Housing Fund, and can be accessed from most of the other banks Kalravedan also rational", usually that "loans serve the citizen and Imknanh from the face of the housing crisis."

The Prime Minister Haider al-Abadi, honest (the ninth of March 2016), to lend the special housing fund mechanisms loans the central bank's five trillion Iraqi dinars, as stipulated distribution of loans standard adoption population ratio and the degree of poverty for each province mechanism, also stipulated that loan no more than 50 million paid to the beneficiary in two installments.

It is noteworthy that the Council of Ministers announced, in (31st May 2016), the launch of the distribution of land to citizens in a manner and installment terms "soft", and briefed on the launch of the electronic program industrial, agricultural and residential loans mechanism.

 

 

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History of edits:: 6/5/2016 15:22 • 100 visits readable
Reconstruction issued instructions for individual lending for citizens of the Housing Fund
{Baghdad} Euphrates News announced that the Ministry of Construction and Housing and public municipalities, for individual lending instructions given by the Iraqi Housing Fund formations one ministry to the citizens for the purpose of building under construction Awadhavh CBI initiative included lending to fund the amount of 850 billion dinars.
And transfer to a ministry statement received by the agency {Euphrates News} a copy of it today , Director General of the Department of Housing Fund Iraqi spokesman Bahaa Eddin said he was "pursuant to instructions issued by the Fund for the loan that was selected for no longer than about 50 million dinars for each lending the event, which will include all Iraqi citizens who between the ages of 22 and 65 years except for the Kurdistan region, and does not include agricultural and industrial land. " 
he noted that" the loan is granted for the purpose of construction or adding building who owns a piece of residential land on the face of independence or rumored to have not less than 100 square meters and a building area of not less than 65 m 2, and will pay a two - stage 40% for Albadlo {veal} and 60% for stage finishes, or 60% of the roofing stage and 40% for the completion of terminations on that Aymanh loan at once stage. 
confirmed the instruction according Bahauddin that "the beneficiary to provide guarantor guarantor or more of civil servants Aldaimyin or employees of the Ministry of Interior officer or above on half salary nominal cover the monthly premium amount, also bears the borrower 's wages administrative services of 1% of the loan amount taken one - time for the first batch and 2% Exchange annual and special interest for the Central Bank Iraqi. " 
He continued , " and identified instruction time between the first Akoshvin and second that no more than six months, otherwise forfeits his right to claim the second installment, indicating that the borrower bears the wages of detecting the amount of 60,000 dinars each time, and that the loan repayment period is 10 years. " 
and" includes loan citizens who took the initiative to get him a written request, as could include former borrowers who did not receive full payments initiative by submitting a written request for the purpose of including them in the initiative that the same as the previous amount depends maximum {35} million of the capital Baghdad , and {30} million for the rest of the provinces to continue to work Fund terms of payments received and the same duration {15} years and dependent mechanism and the new conditions of the sums lent under the initiative. " 
he noted that" according to the instructions issued by the Fund, should the citizens who wish to obtain a loan to provide support land of talk does not go by the more than 6 months and vacation building in force does not go on for more than three certified years and map modern border install does not go out more than 3 months and map building certified, as well as to make a formal ensure that the civil servant or member of the Interior officer above and archives profile of the borrower and the guarantor . " . 
he pointed out that "it is hoped the launch of direct loans to citizens early next month , " .anthy
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(Economy News) publishes individual lending special housing fund 

 
 
 
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The Ministry of Construction and Housing and public municipalities, on Sunday, for the individual lending instructions given by the Iraqi Housing Fund formations one ministry to the citizens for the purpose of construction or adding building under the CBI initiative included lending to fund the amount of 850 billion dinars.
And the transfer of the media center at the ministry, for the Director General of the Iraqi Housing Fund spokesman Bahaa Eddin said in a statement "the economy News" received a copy of it, he was "pursuant to instructions issued by the Fund for the loan that was selected for no longer than about 50 million dinars for each lending the event, which will include all Iraqi citizens who are between the ages of 22 and 65 years except for the Kurdistan region, and does not include agricultural and industrial land. "
He pointed out that "the loan is granted for the purpose of construction or adding building who owns a piece of residential land on the face of independence or rumored to have not less than 100 square meters and a building area of not less than 65 m2, and will pay a two-stage 40% for Albadlo stage (veal) and 60% for stage finishes, or 60% of the roofing stage and 40% for the completion of the terminations that Aymanh loan at once.
And it confirmed the instructions that the beneficiary provide guarantor guarantor or more civil servants Aldaimyin or employees of the Ministry of Interior officer or above on half salary nominal cover the monthly premium amount, also bears the borrower's wages administrative services of 1% of the value of the loan is taken for a one-time installment Exchange the first and 2% annual and special interest for the Central Bank of Iraq.
The instruction set length of time between the first and second Akoshvin that no more than six months, otherwise forfeits his right to claim the second installment, the borrower bears noting that the wages of detecting the amount of 60,000 dinars each time, and that the loan repayment period is 10 years.
This includes the loan of citizens who took the initiative to get him a written request, as could include former borrowers who did not fully receive payments initiative by submitting a written request for the purpose of including them in the initiative that the same as the previous amount depends a maximum of 35 million of the capital Baghdad, and 30 million for the rest of the provinces that continue Labour Fund terms of payments received and the same term of 15 years and dependent mechanism and the new conditions of the sums lent under the initiative.
According to the instructions issued by the Fund, should the citizens who wish to obtain a loan to provide support land of talk does not go by the more than 6 months and vacation building in force does not go on for more than three certified years and map modern border install does not go out more than 3 months and map building certified , as well as to make a formal ensure that the civil servant or member of the Interior officer above the personal archives of the borrower and the guarantor.
It is hoped the launch of direct loans to citizens early next month.
 
 
 
 
3803  No. Content 06/05/2016 - 15:40  Last updated 05/06/2016 - 14:55  Date Added 9Views
 
 
  
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History of edits:: 6.8.2016 18:32 • 768 visits readable
Prime Minister's Office announce the allocation of residential land to citizens mechanism
{Baghdad: Euphrates News} a spokesman for the Information Office of Prime Minister Saad al-Hadithi, said Wednesday the mechanism for implementing the Cabinet's decision to allocate residential land to citizens.
He said Sabri at the press briefing for Wednesday that " the government is seeking to contribute to the provision of housing crisis root treatments and finding solutions to alleviate the burdens that citizens face in this aspect, through the allocation of residential land to citizens, as well as what can be provided by the process of creating housing units in these territories of jobs for large numbers of young people and workers in the housing sector and the construction of professionals and craftsmen and Eddie agent as well as stimulating the movement of the market in the framework of the trade of construction materials as well as the revitalization of the transport sector, as well as to contribute to the reduction of the rent housing units, which contributes to the support of a large segment of citizens with incomes low -lying and medium. " 
He added that" the Council of Ministers, in this regard, has approved the immediate allocation of residential land to citizens. " 
He explained newborn mechanism for distribution in accordance with the following rules: 
First : customization controls: 
1 / the distribution of plots serviced belonging to the municipalities and the Municipality of Baghdad real allowance in accordance with the procedures specified in the sale and lease of state property code number {21} for 2013. 
/ 2 is the distribution of land serviced belonging to the municipalities and the Municipality of Baghdad under perform their real value ratio {50%} and plus the infrastructure that an average of five and seventy thousand value dinars per square meter, to be paid at once or in two installments, and to be completed infrastructure within a period not to exceed two years and includes the infrastructure value of the cost of {water, electricity, and sewage networks, and methods}. 
/ 3 installment amount of sales instead of Lands unserved equal installments over the ten years from the date of sale to the citizens. 
/ 4 launch Albioat belonging to all government agencies and be selling in accordance with the sale and lease of state property Law No. 21 of 2013. 
/ 5 to encourage ministries and departments not associated with the Ministry on the allocation of land plots for the purpose of building housing complexes vertical through investment. 
/ 6 to keep the Council of Ministers resolutions {53, 168 for the year 2014} relating to the granting of the employees of the army and internal security forces , fighters and civilians who have the courage seem super distinct roles in the courtyard of the field during military operations , a piece of land residential sectors 
7 / emphasis on the application of the Council of Ministers ' decision { 198 for the year 2011} containing the selling floor and apartments to their occupants legal requirement that no longer the role of operational and apartments and is subject to the approval of the owner. 
/ 8 to emphasize the House of Representatives to cancel two things legislatures {21.36} for the year 2005 relating to the distribution of plots for employees of the three presidencies. 
/ 9 be distribution of plots according hometown or usual place of residence the last ten years. 
Second slides covered by privatization: 
1 / citizen. 
/ 2 allocated to them plots slides under the laws in force. 
III differentiation criteria for a slice of citizens: 
1 / calculated point for each child. 
2 / counted five points if the citizen is covered by social care. 
/ 3 accounted for four points for Female unmarried exceed thirty - five years old. 
/ 4 accounted for three points for those who do not have a home. 
/ 5 accounted for three points to the retired. 
/ 6 accounted for seven points for the widow that does not have the income. 
7 / accounted for five points for the widow that have income. 
/ 8 calculates points for married or unmarried. 
/ 9 accounted for one point for every five years , and functional service or guaranteed. 
10 / accounted for six points of the campaign Sha 
11 / counted four points for a campaign master 's degree . 
12 / counted three points for a Bachelor 's degree. 
13 / calculated points for the campaign diploma certificate. 
14 / calculated point for a campaign certificate of junior high. 
15 / counted three points for those who have less than a 30% deficit ratio. 
16 / counted five points for those who have more deficit ratio than 30%. 
17 / calculated points Anyone who has a child with special needs. 
18 / counted three points if it's a slice of displaced covered by the law and the Department of immigration and migration. 
19 / counted three points for employees of the security forces, and is added to the following: 
a / calculated points for mattresses . 
b / counted four points of the officers. 
c / counted five points of the leaders. 
20 / counted five points of general managers and rank shall be fixed. 
21 / counted seven points of the Under - minister and Badrjtah. 
22 / accounted for nine points to the minister and and above Badrjtah. 
- slides contained special laws : 
one / doctors jurisdiction covered by the dissolved Revolutionary command Council resolution No. {118} to 1986. 
/ 2 to compensate those affected by the military operations and military mistakes and terrorist operations No. {20 law} for the year 2009 and the amended law No. {57} for 2015. 
/ 3 law martyrs Foundation No. {3} of 2006, as amended. 
4 / political prisoners Corporation Law No. {4} of the 2006 
/5 for athletes pioneers and heroes covered by Law No. {6} for the year 2013, as amended. 
for the segments covered by laws own above their specialty residential plots by 33% of the total allocated for land distribution and adoption of trade - off criteria set out in paragraph {} Third , above, to amend these laws so that all the cases of ownership Bbdl.anthy

 

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Document .. Cabinet Approves Housing and banks granting loans proceed

economy

 Since 06.12.2016 at 08:57 (Baghdad time)

22.jpg

BAGHDAD - balances News

Instructions have been issued and the mechanics of lending for real estate bank loans CBI.

Chairman of the Council of Ministers authentication and has a total amount of (5 trillion Iraqi dinars) on the housing loans are distributed to the provinces by 80% for standard grade population and 20% of the standard degree of poverty that does not increase the loan amount for 50 million Iraqi dinars at a Top each case for a period of ten years and an interest rate of 3% such that the average age of the borrower (22 up to 65 years).

 The loan is granted for the purposes of the purchase of residential units in the investment complexes that not less residential area of the unit for 65 square meters or for construction purposes for those who owned residential land is not a minimum area of 100 square meters or less than net construction area of about 65 square meters and the loan is granted for building on farmland or cut Alsnaaah.anthy 29/4 e

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  • yota691 changed the title to Launching the online application for housing fund loans
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