Abadi called the mechanics Housing Fund loans
PM: 03: 17: 09/03/2016
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.