Government launch loan program for house construction: CM Pervaiz Elahi
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Lahore: (Staff Reporter) Punjab Chief Minister Chaudhry Pervaiz Elahi while appreciating the societal role of Akhuwat Foundation, said the government would fulfill the dream of owning a house for low-income people as the government was going to launch the loan program for house construction for the low-income stratum.
During a meeting with founder of Akhuwat Dr. Amjad Saqib he said the program would be executed in collaboration with Akhuwat.
Furthermore the CM also approved the renewal of the agreement between the Punjab government and Akhuwat of Rs800 million through the Punjab Housing and Town Planning Agency. He said that the Akhuwat microfinance organization would provide loans to necessitous people for the construction of houses.
As per details loans will be given on a priority for the construction of houses in flood-affected areas; he added and asserted that providing a roof to the flood victims was a priority.
Meanwhile Dr. Amjad Saqib said that 100% recovery had been ensured in Akhuwat loans given to 2.5 million families. Low-income families had been assisted to build 36,000 houses, he said.
According to the source Provincial Minister Mian Mehmood-ur-Rashid, Principal Secretary to CM Muhammad Khan Bhatti, secretary housing department and others attended the meeting.