CONGRATULATIONS @RajaNongChik

Congratulations @RajaNongChik

I have written three (3) article related to the EPF - Government initiative for low income owners to own homes in Kuala Lumpur previously. The 3 articles can be found here:

1. The Poor, EPF and The Dummies in Pakatan Rakyat (Part 1) : Read here

2. The Poor, EPF and The Dummies in Pakatan Rakyat (Part 2) : Read here

3. The Poor, EPF and The Dummies in Pakatan Rakyat (Final) : Read here

And alhamdulillah, on Monday about 7,000 public housing tenants  will receive offer letters under the People's Housing Programme of the National Economic Action Council (PHP-NEAC) and Dewan Bandaraya Kuala Lumpur Public Housing (DBKLPH). 

Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin said the letters would be sent by the DBKL Housing Department to their homes.

He said those who received the letters would be given a month to reply if they took up the offer to buy the houses as the purchasing process would take between three and six months.

"We will not force them to accept the offer," he told reporters after opening the Federal Territory 2011 Excellent Students Awards here.

The financing scheme was announced by Prime Minister Datuk Seri Najib Tun Razak on Jan 28, to assist the lower income group currently renting units of People Public Housing and DBKL public housing to obtain loans to buy the units they are already residing in.

According to Raja Nong Chik, the 7,000 involved the first group of tenants under the first phase of the loan from the Employees Provident Fund totalling RM300mil.

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