{"id":87413,"date":"2022-07-21T12:32:54","date_gmt":"2022-07-21T07:32:54","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=87413"},"modified":"2022-07-21T12:32:59","modified_gmt":"2022-07-21T07:32:59","slug":"akhuwat-foundations-low-cost-housing","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/akhuwat-foundations-low-cost-housing.html","title":{"rendered":"Federal govt to support Akhuwat Foundation\u2019s low-cost housing initiative"},"content":{"rendered":"\n<p>Islamabad: Federal Secretary Ministry of Housing and Works (MoHW) Iftikhar Ali Shallwani on Wednesday (July 20) assured Akhuwat foundation of financial support for the extension of its low-cost housing finance initiative, news sources reported on July 21. <\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-low-cost-housing-youth-loan-scheme.html\" target=\"_blank\" rel=\"noreferrer noopener\">Funding for low-cost housing, youth loan scheme temporarily suspended<\/a><\/p>\n\n\n\n<p>According to reports, the secretary was visited by Dr Amjad Saqib, the founder of the <a href=\"https:\/\/www.zameen.com\/news\/police-akhuwat-mou-housing-loan.html\" target=\"_blank\" rel=\"noreferrer noopener\">Akhuwat <\/a>Foundation, who informed the ministry of the success of its project. He stated that the government&#8217;s previous backing for the effort had enabled many families to get low-cost accommodation. <\/p>\n\n\n\n<p>On the occasion, the secretary stated that the government will assist in expanding the Akhuwat project as part of the Prime Minister&#8217;s (PM) low-cost housing plan. He mentioned that one of the primary aims of the PM&#8217;s housing initiative is to make low-cost homes accessible to low-income families through well-structured low monthly payments. He also requested that Dr Amjad raise the loan amount due to the rising cost of building materials. <\/p>\n\n\n\n<p><strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/abad-rates-of-construction-materials.html\"> <\/a><a href=\"https:\/\/www.zameen.com\/news\/abad-rates-of-construction-materials.html\" target=\"_blank\" rel=\"noreferrer noopener\">Low-cost Housing: ABAD urges govt to reduce rates of construction materials<\/a><\/p>\n\n\n\n<p>It is worth noting that Dr Amjad&#8217;s Akhuwat project provides home loans to low-income families and has been funded by the government with PKR 5 billion under the PM&#8217;s low-cost housing plan. Furthermore, the government contributed PKR 2 billion to its Islamic interest-free loan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Secretary Ministry of Housing and Works (MoHW) Iftikhar Ali Shallwani on Wednesday (July 20) assured Akhuwat foundation of financial support for the extension of its low-cost housing finance initiative, news sources reported on July 21. Read: Funding for low-cost housing, youth loan scheme temporarily suspended According to reports, the secretary was visited by Dr Amjad Saqib, the founder of the Akhuwat Foundation, who informed the ministry of the success of its project. He stated that the government&#8217;s previous backing for the effort had enabled many families to get low-cost accommodation. On the occasion, the secretary stated that the government will assist in expanding the Akhuwat project as part of the Prime Minister&#8217;s (PM) low-cost housing plan. He mentioned that one of the primary aims of the PM&#8217;s housing initiative is to make low-cost homes accessible to low-income families through well-structured low monthly payments. He also requested that Dr Amjad raise the loan amount due to the rising cost of building materials. Read: Low-cost Housing: ABAD urges govt to reduce rates of construction materials It is worth noting that Dr Amjad&#8217;s Akhuwat project provides home loans to low-income families and has been funded by the government with PKR 5&hellip;<\/p>\n","protected":false},"author":75,"featured_media":84054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[53239],"persona":[],"class_list":{"0":"post-87413","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-federal-govt-to-support-akhuwat-foundations-low-cost-housing-initiative","10":"cat-15016-id","11":"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>Govt to support Akhuwat Foundation\u2019s low-cost housing - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Federal Secretary Ministry of Housing and Works (MoHW) Iftikhar Ali Shallwani on Wednesday (July 20) assured Akhuwat foundation of financial\" \/>\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\/akhuwat-foundations-low-cost-housing.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to support Akhuwat Foundation\u2019s low-cost housing - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Federal Secretary Ministry of Housing and Works (MoHW) Iftikhar Ali Shallwani on Wednesday (July 20) assured Akhuwat foundation of financial\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/akhuwat-foundations-low-cost-housing.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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