World Bank to inject $100m into Punjab's housing scheme
MG News | June 08, 2026 at 06:30 PM GMT+05:00
June 08, 2026
(MLN): Punjab's
Apni Chhat, Apna Ghar housing programme is set to receive $100 million in World
Bank funding, as the global lender expressed interest in joining the provincial
government's flagship low-income housing initiative.
The development
came during a meeting chaired by Provincial Housing Minister Bilal Yasin, where
the Director General of PHATA and the Project Director briefed participants on
the Punjab Affordable Housing Programme.
The meeting also
approved a restructuring of the programme to streamline its implementation, APP
reported.
Officials said
the proposed World Bank support was expected to accelerate housing construction
across Punjab and strengthen the government's capacity to meet its targets.
Bilal Yasin said
eligible households across different districts would be provided interest-free
loans of Rs1.5 million per family to construct their own homes, adding that the
initiative had already yielded positive results for low-income families.
He said the
government aimed to construct 100,000 houses annually, which would
significantly improve living standards and ensure dignified shelter for
underprivileged segments of society.
The meeting also
discussed proposals to expand the programme and broaden its outreach to more
deserving families across the province.
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