A government spokesman revealed that the Prime Minister is determined to improve people’s quality of life through the Million Houses Project Phase 2, which has now released more than 15,500 million baht in loans. BAAC prepares to continue with Phase 3 to help vulnerable and low-income groups own home
Today (July 9) Mr Thanakorn Wangboonkongchana, spokesman for the Prime Minister’s Office, revealed that Gen. Prayut Chan-o-cha, Prime Minister and Minister of Defense and the government are committed to taking care of low-income people. have stable, affordable housing, especially those who do not have access to credit in the financial institutions People who started working to start a family and the elderly The Cabinet resolution (Cabinet) dated June 7, 2022 approved the Ministry of Finance’s proposal to the Government Housing Bank (GHB) to improve the purchase-sales/construction prices setting. and adjust the loan amount “Million Houses Project Phase 2”, the maximum per customer per collateral, not more than 1,500,000 baht, within the framework of a total amount of 20 billion baht, with the progress of low-interest loans through the Million House Project, Phase 2 of the Bank of Thailand (at end of June 2022) over 15,500 million baht has been released, which is considered a positive response from the public.
Mr. Thanakorn added that The Million House Project is considered a project that creates opportunities and supports the low-income people who do not have homes to gain ownership of their residences thoroughly. If the second phase of the project has been fully credited, during the year 2023, the Bank of Thailand is preparing to move forward with the Million Houses Phase 3 project in line with the government’s desire to encourage more Thai people to have their own homes.
“People have responded very well to the Million House Project Phase 2 by the Prime Minister. The focus is on creating happiness and warmth in the family. Accelerate the quality of life of the people Committed to ensuring that low-income people have stable, affordable housing, trying to strengthen financial and credit systems that are conducive to housing for people of all income levels. to enhance the quality of life enhance equality reduce inequality Create opportunities for Thai people to have houses to live in all over the country,” said Thanakorn.
Interested people can also register via Mobile Application: GHB ALL to participate in the Million House Project Phase 2 continuously. The project will end for loan applications and do legal acts on December 30, 2023 or when there are customers. Accepting credit approval and doing legal acts with a limit of 20,000 million baht. For more information, please contact the Bank of Thailand at all branches nationwide or at GH Bank Call Center at 0-2645-9000.
