{"id":74953,"date":"2021-03-19T12:41:16","date_gmt":"2021-03-19T07:41:16","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=74953"},"modified":"2021-03-19T12:41:21","modified_gmt":"2021-03-19T07:41:21","slug":"ecc-approves-revisions-regarding-naya-pakistan-housing","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/ecc-approves-revisions-regarding-naya-pakistan-housing.html","title":{"rendered":"ECC approves revisions regarding Naya Pakistan Housing Programme (NPHP)"},"content":{"rendered":"\n<p>Islamabad: The Economic Coordination Committee (ECC) on Wednesday provided its approval to the revised eligibility criteria, subsidy structure and public-private partnership for Naya Pakistan Housing Programme (NPHP), according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/1500-nphp-units-handed-over-to-labourers.html\" target=\"_blank\" rel=\"noreferrer noopener\">1,500 NPHP units handed over to labourers<\/a><\/p>\n\n\n\n<p>The said decision was taken in an ECC meeting presided over by Finance Minister Dr Abdul Hafeez Shaikh. The revised eligibility criteria for NPHP was presented by Chairman Naya Pakistan Housing and Development Authority (NAPHDA) for the selection of applicants, payment modalities of cost subsidy and mechanism for release of funds \u2013 with reference to the housing and construction sector relief package announced last year.<\/p>\n\n\n\n<p>The meeting approved the stipulated terms against the 100,000 housing units to be constructed in NPHP Phase I by the year-end. The committee urged the NAPHDA to facilitate the provision of housing finance at affordable rates for expanding housing ownership as per the vision of the government.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/nphp-hazro-attock-allotment-letters-issued.html\" target=\"_blank\" rel=\"noreferrer noopener\">NPHP Hazro-Attock: Allotment letters issued to successful applicants<\/a><\/p>\n\n\n\n<p>Moreover, the summary of NAPHDA seeking permission \u2018to enter into negotiated procurement for the low-cost housing construction through public-private partnership\u2019 was also approved. In addition, the summary for revising key parameters of the <a href=\"https:\/\/www.zameen.com\/news\/over-8000-apply-mark-up-subsidy-nphp.html\" target=\"_blank\" rel=\"noreferrer noopener\">mark-up subsidy<\/a> scheme for housing finance was also approved \u2013 as per the recommendation of the State Bank of Pakistan (SBP).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Economic Coordination Committee (ECC) on Wednesday provided its approval to the revised eligibility criteria, subsidy structure and public-private partnership for Naya Pakistan Housing Programme (NPHP), according to news sources. Read: 1,500 NPHP units handed over to labourers The said decision was taken in an ECC meeting presided over by Finance Minister Dr Abdul Hafeez Shaikh. The revised eligibility criteria for NPHP was presented by Chairman Naya Pakistan Housing and Development Authority (NAPHDA) for the selection of applicants, payment modalities of cost subsidy and mechanism for release of funds \u2013 with reference to the housing and construction sector relief package announced last year. The meeting approved the stipulated terms against the 100,000 housing units to be constructed in NPHP Phase I by the year-end. The committee urged the NAPHDA to facilitate the provision of housing finance at affordable rates for expanding housing ownership as per the vision of the government. Read: NPHP Hazro-Attock: Allotment letters issued to successful applicants Moreover, the summary of NAPHDA seeking permission \u2018to enter into negotiated procurement for the low-cost housing construction through public-private partnership\u2019 was also approved. In addition, the summary for revising key parameters of the mark-up subsidy scheme for housing finance was&hellip;<\/p>\n","protected":false},"author":75,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[45551,21953,17184],"persona":[],"class_list":{"0":"post-74953","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-ecc-approves-revisions-regarding-naya-pakistan-housing-programme","10":"tag-economic-coordination-committee-ecc","11":"tag-naya-pakistan-housing-programme-nphp","12":"cat-15016-id","13":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ECC approves revisions regarding Naya Pakistan Housing - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Economic Coordination Committee (ECC) on Wednesday provided its approval to the revised eligibility criteria, subsidy structure and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/ecc-approves-revisions-regarding-naya-pakistan-housing.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECC approves revisions regarding Naya Pakistan Housing - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Economic Coordination Committee (ECC) on Wednesday provided its approval to the revised eligibility criteria, subsidy structure and\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/ecc-approves-revisions-regarding-naya-pakistan-housing.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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