CM launches interest-free housing loans

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The Khyber-Pakhtunkhwa government, under the leadership of Chief Minister Ali Amin Gandapur, has officially launched the Ehsaas Apna Ghar scheme—an ambitious initiative aimed at providing interest-free housing loans to low-income families for the construction, expansion, and renovation of their homes.

A cheque distribution ceremony was held at the Chief Minister’s House on Monday, with Chief Minister Gandapur serving as the chief guest. The event was attended by provincial cabinet members including Meena Khan Afridi, Muzammil Aslam, Dr Amjad, and Rangaiz Ahmad, along with senior officials from the housing department.

Speaking at the event, the chief minister described the Ehsaas Apna Ghar scheme as a flagship, pro-poor initiative of the provincial government and a step towards realizing PTI founder Imran Khan’s vision of affordable housing for the underprivileged.

A total of Rs4 billion has been allocated for the program, with loans being disbursed to eligible applicants through a transparent, computerized balloting system. The scheme targets individuals aged 18 to 65 years with a monthly household income of less than Rs150,000. Qualified applicants can receive up to Rs1.5 million in interest-free loans, repayable over seven years in easy installments.

The first phase of the scheme received 123,000 applications, out of which 18,555 met the eligibility criteria. Loan distribution will take place across all districts of the province, based on population ratios. The government has also introduced a revolving fund mechanism to ensure the continuity of the scheme for years to come.

The CM emphasized his government’s commitment to public welfare, noting that economic challenges faced by the province have largely been overcome through “tireless efforts” by his team.

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