Thailand Proposes 50 Billion Baht Housing Loan Scheme for Low-to-Middle Income Families
Thai PBS
Key summary
The Thai government has proposed a new housing loan initiative called 'Ban Khon La Lang PLUS' through the Housing Finance Development Bank (HFDB). This project aims to assist low- and middle-income individuals in purchasing or building homes with a maximum loan amount of 3 million baht over a repayment period of up to 40 years. The total funding for this specific scheme is set at 50 billion baht, intended to follow previous exhausted housing programs. Funds will be managed separately under a Public Service Account to ensure transparency and strict risk management.
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Source report
Thai PBS
Read original ↗https://www.thaipbs.or.th/news/content/571004