According to the International Stone Exhibition of Iran, the Memorandum of Understanding on financing another part of the projects of the National Housing Action Plan up to 30,000 units was signed by Nader Ghasemi, Head of the Housing Bank and Ali Nabian, Deputy Minister of Roads and Urban Development and Managing Director of the National Land and Housing Organization. Signature received.

The bank took on the responsibility and commitment to pay for the construction of the facility to the fourth set of projects of the National Housing Production and Supply Project in the form of signing a memorandum of understanding with this government agency.

Nader Ghasemi, head of Amel Bank, said about the details of the memorandum: The bank will facilitate the construction of 30,000 housing units under the management of the National Land and Housing Organization under the supervision of provincial road and urban development departments in accordance with the rules and conditions approved by the government, central bank and ministry. Roads and urban development pay.

Ghasemi added: "Earlier, the bank succeeded in the separate and concluded memorandums between itself and the Housing Foundation of the Islamic Revolution, the executive staff of Imam Khomeini's order and the New Cities Development Company, the first and basic step to pay seventy-five thousand facilities." Take away the construction of the National Housing Action Plan. Even now, with the Fourth Memorandum of Understanding, the bank is collecting a total of one hundred and five thousand affordable housing units on government land, credit support and financing.

The head of the bank also clarified: The process of paying for the construction of national action housing facilities is defined in such a way that first by registering the applicants and recognizing that they are eligible, the Ministry of Roads and Urban Development opens an account for the applicants. Deposited by them.

Based on this, 11,000 people have been considered as eligible applicants for account opening so far, and they have paid cash with an average of 30 to 40 million Tomans as cash income. On the other hand, the developer or contractor of projects for the National Housing Action Plan to receive the first installment of construction facilities must have spent 20% of the physical progress of the project or provide cash equivalent to the cost of doing so.

Ghasemi said about the possible time of payment of housing facilities for national action: the bank has provided the necessary resources to pay the facilities in the amount of one hundred and five thousand pledges related to the four agreements and in proportion to the preparation of legal and regulatory conditions for projects, contractors and Their applicants will pay the construction facility installments on time and will be injected into construction projects.

He added: "Fortunately, the lands provided by the government for the national action plan often have urban services, and therefore the process of preparing the grounds for the start of construction operations will not be as long as the Mehr housing projects."

Regarding the specifications of the construction facilities in the memorandum signed with the National Land and Housing Organization, the head of the bank said: "These facilities will be paid to the builders up to 100 million Tomans with an interest rate of 18%, so that the participation period is two years and the repayment period is ten years." Is considered.

Regarding the conditions required by the builders to receive the facilities, he said: "Builders who are not prohibited by the current rules of the country's banking network and at the same time have the necessary and defined conditions in the Ministry of Roads and Urban Development will benefit from the facilities."

Regarding the simplification of the way to receive housing construction facilities in this project, Ghasemi said: "According to the recent decision of the Cabinet and the Monetary and Credit Council, the condition of property ratio to pay construction facilities to legal entities in this project was eliminated and legal applicants to receive this type of facility." Housing construction is not required to provide ownership of fifteen percent of the total facility amount.

He also pointed to another difference between the financing system in the National Housing Action Plan and the Mehr Housing Plan: In the National Housing Production and Supply Action Plan, the bank simultaneously monitors the process of paying applicants in cash and builds facilities to the builder, monitoring and Practices the necessary expertise. In the Mehr Housing Project, the cash injection of applicants to the contractors' accounts was carried out with the final approval of the Roads and Urban Development Departments and the new cities, and the bank was responsible for overseeing the project to monitor the physical progress of the project. However, in the National Housing Action Plan, after concluding the facility contract, any payment of financial resources, whether in cash or in the form of facilities, is subject to the final approval of the physical progress of the project by the bank.

Ghasemi, the head of the bank, also called for the facilitation of the connection between the housing market and the capital market for the rapid and low-cost financing of housing construction and supply projects.

The launch of the Land and Building Fund by the bank does not mean corporate banking

He said that one of the possible solutions for this purpose is to re-establish the necessary conditions for the Housing Bank to define and set up land and building funds, and said that the idea that the bank enters the corporate process with these funds is incorrect, because as soon as The completion of the construction project, the land fund and the relevant building will be completed and out of operation. But these funds are the best tool for attracting stray cash and micro-capital from the capital market and equipping it to finance housing construction.

While appreciating the view of the Governor of the Central Bank on the issue of financing the housing sector through the capital market, Ghasemi expressed hope that the obstacles ahead will be removed from the path very soon.