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Speaker Berri briefed by Housing Bank Chief on upcoming loan agreement with Abu Dhabi Fund
Speaker Berri briefed by Housing Bank Chief on upcoming loan agreement with Abu Dhabi Fund

LBCI

time7 days ago

  • Business
  • LBCI

Speaker Berri briefed by Housing Bank Chief on upcoming loan agreement with Abu Dhabi Fund

The Chairman and General Manager of the Public Housing Bank, Antoine Habib, met with Parliament Speaker Nabih Berri in Ain al-Tineh on Wednesday evening to brief him on the positive outcome of the bank's meetings with the Abu Dhabi Fund for Development. The meetings were led by Abdullah Al Mansouri, the Fund's Regional Director for Asia, who visited the bank following a recommendation by UAE President Sheikh Mohammed bin Zayed Al Nahyan after his meeting with Lebanese President Joseph Aoun in Abu Dhabi. The UAE leader encouraged the Fund to provide subsidized loans to the Public Housing Bank to help Lebanese citizens secure decent housing. The recent Lebanese-Emirati presidential meeting is expected to soon lead to a cooperation agreement between Lebanon and the Abu Dhabi Fund for Development. This will be followed by a loan agreement between Lebanon's Council for Development and Reconstruction and the Fund, to be implemented by Banque du Liban. During the meeting, Speaker Berri expressed his deep gratitude to Sheikh Mohammed bin Zayed for standing by the Lebanese people, and voiced appreciation and support for the Public Housing Bank's efforts to help citizens access or restore their homes.

DBKL considers selling public housing units as rent arrears hit RM70m
DBKL considers selling public housing units as rent arrears hit RM70m

Malay Mail

time19-05-2025

  • Business
  • Malay Mail

DBKL considers selling public housing units as rent arrears hit RM70m

KUALA LUMPUR, May 19 — The total amount of unpaid rent for the People's Housing Project (PPR) and Public Housing (PA) under the purview of Kuala Lumpur City Hall (DBKL) has reached RM70 million, said Mayor Datuk Seri Maimunah Mohd Sharif. She said the arrears were affecting the maintenance and management of facilities for communities in areas under DBKL's supervision. Maimunah said DBKL had taken several steps to deal with the arrears, such as cutting off water supply, issuing notices, holding financial advocacy programmes and offering tenants an instalment payment plan, 'This initiative is vital so that the rent collected can be used to provide better services for residents,' she said at the Safe City Community Wellbeing Programme here yesterday. In addition, Maimunah said DBKL was considering offering PPR and PA units for sale to tenants who could afford to purchase them. 'There was a decision in 2015 to suspend (the sale), but I have since reviewed the decision, and if the tenants are financially capable, we can consider selling the units,' she said. Among the other matters addressed by Maimunah during the programme were issues concerning waste management, traffic congestion, and drug abuse. — Bernama

KL low-cost housing rent arrears reach RM70mil, says mayor
KL low-cost housing rent arrears reach RM70mil, says mayor

The Star

time18-05-2025

  • Business
  • The Star

KL low-cost housing rent arrears reach RM70mil, says mayor

KUALA LUMPUR: The total amount of unpaid rent for the People's Housing Project (PPR) and Public Housing (PA) under the Kuala Lumpur City Hall's (DBKL) has reached RM70mil, said mayor Datuk Seri Maimunah Mohd Sharif (pic). She said the arrears were affecting the maintenance and management of facilities for communities in areas under DBKL's supervision. Maimunah said DBKL had taken several steps to deal with the arrears, such as cutting off water supply, issuing notices, holding financial advocacy programmes and offering tenants an instalment payment plan. "This initiative is vital so that the rent collected can be used to provide better services for residents," she said at the Safe City Community Wellbeing Programme here on Sunday (May 18). Maimunah added that DBKL was considering offering PPR and PA units for sale to tenants who could afford to purchase them. "There was a decision in 2015 to suspend (the sale), but I have since reviewed the decision, and if the tenants are financially capable, we can consider selling the units," she said. Among the other matters addressed by Maimunah during the programme were issues concerning waste management, traffic congestion, and drug abuse. - Bernama

PPR, PA rent arrears reach RM70 million
PPR, PA rent arrears reach RM70 million

The Sun

time18-05-2025

  • Business
  • The Sun

PPR, PA rent arrears reach RM70 million

KUALA LUMPUR: The total amount of unpaid rent for the People's Housing Project (PPR) and Public Housing (PA) under the purview of Kuala Lumpur City Hall (DBKL) has reached RM70 million, said Mayor Datuk Seri Maimunah Mohd Sharif. She said the arrears were affecting the maintenance and management of facilities for communities in areas under DBKL's supervision. Maimunah said DBKL had taken several steps to deal with the arrears, such as cutting off water supply, issuing notices, holding financial advocacy programmes and offering tenants an instalment payment plan, 'This initiative is vital so that the rent collected can be used to provide better services for residents,' she said at the Safe City Community Wellbeing Programme here today. In addition, Maimunah said DBKL was considering offering PPR and PA units for sale to tenants who could afford to purchase them. 'There was a decision in 2015 to suspend (the sale), but I have since reviewed the decision, and if the tenants are financially capable, we can consider selling the units,' she said. Among the other matters addressed by Maimunah during the programme were issues concerning waste management, traffic congestion, and drug abuse.

PPR, PA rent arrears reach RM70m
PPR, PA rent arrears reach RM70m

The Sun

time18-05-2025

  • Business
  • The Sun

PPR, PA rent arrears reach RM70m

KUALA LUMPUR: The total amount of unpaid rent for the People's Housing Project (PPR) and Public Housing (PA) under the purview of Kuala Lumpur City Hall (DBKL) has reached RM70 million, said Mayor Datuk Seri Maimunah Mohd Sharif. She said the arrears were affecting the maintenance and management of facilities for communities in areas under DBKL's supervision. Maimunah said DBKL had taken several steps to deal with the arrears, such as cutting off water supply, issuing notices, holding financial advocacy programmes and offering tenants an instalment payment plan, 'This initiative is vital so that the rent collected can be used to provide better services for residents,' she said at the Safe City Community Wellbeing Programme here today. In addition, Maimunah said DBKL was considering offering PPR and PA units for sale to tenants who could afford to purchase them. 'There was a decision in 2015 to suspend (the sale), but I have since reviewed the decision, and if the tenants are financially capable, we can consider selling the units,' she said. Among the other matters addressed by Maimunah during the programme were issues concerning waste management, traffic congestion, and drug abuse.

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