The storefront of the Banque de l'Habitat in Beirut. (Photo provided by the Banque de l'Habitat)
The Banque de l’Habitat is set to raise the ceiling for its subsidized housing loans to $100,000, following the approval of this decision by the government on June 16.Funded by a line of credit of 50 million Kuwaiti dinars, equivalent to approximately $163 million, obtained from the Arab Fund for Economic and Social Development at a rate of 10 million Kuwaiti dinars per year, these loans are intended for low- or middle-income Lebanese households. Previously limited to $50,000, these loans are designed for purchasing a home, rehabilitating an old house, or constructing a home on land already owned by the borrower. Read more Beirut apartment prices in 2025: Achrafieh The increase of this ceiling to $100,000 comes as a result of "the significant exodus of the population to the center and north of the country," following the...
The Banque de l’Habitat is set to raise the ceiling for its subsidized housing loans to $100,000, following the approval of this decision by the government on June 16.Funded by a line of credit of 50 million Kuwaiti dinars, equivalent to approximately $163 million, obtained from the Arab Fund for Economic and Social Development at a rate of 10 million Kuwaiti dinars per year, these loans are intended for low- or middle-income Lebanese households. Previously limited to $50,000, these loans are designed for purchasing a home, rehabilitating an old house, or constructing a home on land already owned by the borrower. Read more Beirut apartment prices in 2025: Achrafieh The increase of this ceiling to $100,000 comes as a result of "the significant exodus of the population to the center and north of the country," following...