Jakarta (ANTARA) - An official from the Ministry of Public Works and Public Housing's Directorate General of Housing expressed hope that the housing finance subsidy scheme for low-income residents would be extended to residents with non-fixed income.

"I am optimistic that stakeholders would provide housing financing facilities to low-income residents, with non-fixed income," the ministry's Director General of Housing, Iwan Suprijanto, stated at a housing financing liquidity facility agreement signing ceremony held online in Jakarta on Thursday.

The director general affirmed that extending housing benefits will boost the ministry's strategic goal for the 2020-2024 period to increase the percentage of residents with proper housing, currently recorded at 56.5 percent, to 70 percent.

"Collaboration with stakeholders is essential in achieving this ambitious goal," he affirmed.

Since 2010, the housing financing liquidity facility has been provided by the government through the Housing Financing Fund Management Centre and its preceding agency, the director general noted.

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Provision of liquidity facility reflects the government's commitment to fulfilling the housing needs of residents, especially low-income inhabitants, he emphasized.

Suprijanto stated that the disbursement of funds under the housing financing liquidity facility programme had shown an increasing trend from 2015 to 2021.

A total of Rp19.57 trillion (around US$1.35 billion) had been disbursed under the housing financing liquidity programme in 2021 alone, the director general remarked.

The disbursed fund in 2021 has provided 178,728 housing units for applicant households, or equivalent to 113.48 percent of the 157,500 housing units targeted by the government in that year, he remarked.

"We hope that the cooperation of the Housing Financing Fund Management Centre with the Public Housing Savings Management Agency would boost our mission to provide proper housing to low-income residents," Suprijanto stated.

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Translator: Aji Cakti, Nabil Ihsan
Editor: Rahmad Nasution
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