Indonesian Ministry Public Works and Housing's Subsidy Program Aims to Provide Housing for 11 Million Families

- 03 August 2022 12:03 WIB
Housing units Ilustration. (Photo/PUPR)
Housing units Ilustration. (Photo/PUPR)

JAKARTADAILY.ID – The Ministry of Public Works and Housing (PUPR) stated that it has set a target for 11 million families in Indonesia to have decent housing by 2024. 

The ministry said it aims to ease the housing backlogs in Indonesia via subsidy scheme, in which the government offers the so called Housing Financing Liquidity Facility (FLPP), Savings-Based Housing Financing Assistance (BP2BT), Down Payment Subsidy (SBUM), and The Public Housing Savings.

“The government is committed to providing decent housing for low-income families. We hope that we can improve the quality of life of the beneficiaries by having a more decent, healthy and comfortable homes," said PUPR minister Basuki Hadimuljono on the ministry's website on Tuesday, August 2, 2022.

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Basuki said that efforts to overcome the housing backlog were in line with the 2020-2024 the National Medium Term Development Plan (RPJMN) has set a target 11 million households to have access to decent housing. 

For the 2022 fiscal year, the ministry allocated Rp 23 trillion worth of FLPP scheme for 200,000 housing units and Rp 888.46 billion worth BP2BT program for 22,586 housing units.

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Until July 2022, PUPR Distributed mortgage loans that offer FLPP subsidy scheme to 106,346 housing units, which is equivalent to 53.2 percent of the ministry's target.

Meanwhile it has disbursed housing loans with BP2BT subsidy to 3,024 housing units, which is equivalent to 13.4 percent of the ministry's target.

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Editor: Suksmajati Kumara

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