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The Public Housing and Urban Development Corporation received 2539 applications for the Housing Finance Support Program during the one-month application period that ended on September 30th.
The Corporation stated that the program aims to enable low-income Jordanian families to obtain subsidized housing finance for the purpose of purchasing, building, or expanding a residential unit, through accredited financing entities.
It added that it has started studying the submitted applications and taking the necessary measures regarding them, through specialized committees formed for this purpose, including the sorting committee, the qualification committee, and the audit, monitoring, and supervision committee, with the aim of studying, sorting, and verifying the applications and ensuring that they meet the approved conditions and standards.
The Corporation confirmed that the procedures followed aim to deal with all applications in an organized and transparent manner, according to clear and approved foundations and standards, and to complete the necessary procedures regarding them.
The Council of Ministers had approved the provision of support to targeted low-income families within the "Study for the Development of the Housing Finance Support Program", with the aim of enabling them to obtain suitable housing at reduced prices and easy installments, through the programs of the Public Housing and Urban Development Corporation.
The program aims to support 1000 families over four years, with 250 families annually, according to the approved foundations, standards, and procedures.
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