[Iran] - National Housing Movement loan increased

INSUBCONTINENT EXCLUSIVE:
TEHRAN- Iranian transport and city advancement minister announced about the increase in the amount of loan for the National Housing Movement
units.Speaking in the conference of the Supreme Housing Council, Farzaneh Sadeq also stated: We have advanced in the conclusion of the
systems and inaugurating them, and from now on we will continue at the same speed.The deputy minister for real estate and construction at
the Ministry of Transport and Urban Development has revealed that President Masoud Pezeshkian has actually directed banks to finance the
building of 400,000 housing systems under the National Housing Movement initiative.Habib Taherkhani made the remarks in a special News Talk
program concentrated on the governments initially Supreme Housing Council.The National Housing Movement is among the significant policies of
the government in the housing sector, and according to this policy, the building of 4 million domestic systems is planned for 4 years.It is
one of the projects through which the federal government is attempting to help low-income individuals in society become homeowners.According
to the plan, out of these four million residential systems, 3.2 million units will be constructed in cities and 800,000 units in
villages.After the National Housing Action Plan (started in 2018), the National Housing Movement is the federal governments second major
program to supply affordable real estate units for the low-income classes.The operation for the building of 209,212 domestic systems of the
National Housing Movement started in February 2022
MA