Housing Bank reports Salama Jubilee loans
The Housing Bank announced the delivery to Prime Minister Nohad Machnouk of the golden jubilee commemorating 50 years since its founding. They discussed with him the bank’s activities and projects to support housing financing, including granting loans in dollars and Lebanese pounds for purchasing, building, and restoring homes. Additionally, they requested special support from the government to exempt up to $100,000 in registration fees for borrowers with limited or middle incomes and those with special needs. The bank also informed Machnouk about the utilization of approximately $69 million from an Arab loan allocated for housing projects, with over 900 loans granted for home purchases, 46 for construction, and 28 for renovation.
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