ProPropertyNewsGovernment’s Low-Cost Housing Initiatives Yielding Fruitful Results

Government’s Low-Cost Housing Initiatives Yielding Fruitful Results

ISLAMABAD: Under the federal government’s low-cost housing initiative, the Ministry of Housing and Works has constructed 3,564 units for the Workers Welfare Fund (WWF) and 18,499 for the Akhuwat Foundation (AK).

According to the Ministry, there are around 150,712 low-cost housing units being built across the country as part of various housing projects that were initiated with the assistance of provincial governments.

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Further balloting has taken place for 1,508 low-cost housing units of WWF in Zone-V, Islamabad, 4,000 low-cost housing units of LDA City Lahore, 2,000 units of Farash Town, CDA, Islamabad, 839 housing units of Raiwind, Sargodha, and Chiniot, and 300 low-cost housing units of PHA Housing Scheme, Jalozai, Nowshera, Khyber Pakhtunkhwa.

The sources indicate that the low-cost housing projects are being carried out in partnership with Development Authorities, the Federal Government Employees Housing Authority (FGEHA), and the Workers Welfare Fund (WWF).

They also stated that the cases of 9,563 applicants, who were successful in balloting for under-construction housing units, were being processed for housing finance.

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