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.
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.
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.