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LBCI Lebanon
Habib: $100M Budget for Housing Role Revival
The article discusses the Lebanese government's plan to allocate one hundred million dollars in the 2027 budget proposal, aimed at revitalizing the role of the Public Housing Institution. This move is intended to enable the institution to provide housing loans to various citizens, especially those with limited and middle incomes. The Chairman of the Board of Directors of the Housing Bank confirmed that this step represents a positive development in addressing Lebanon's housing crisis, emphasizing the need for joint efforts among relevant institutions to ensure the provision of decent housing for as many Lebanese as possible. He also called for support for the housing programs for volunteer soldiers and internal security forces, with a focus on enabling families of martyrs of the armed forces to access affordable loans, particularly amid preparations for the conference supporting the military institution in Paris. He concluded by stressing the importance of maintaining collaboration among housing institutions as national messages committed to a single goal: providing decent housing for citizens.
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