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Saudi banks extend real estate loans to $200bn in Q3 of 2023

Saudi banks extend real estate loans to $200bn in Q3 of 2023
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Subsidized real estate financing contracts in KSA exceed 724k

RIYADH: In a bid to make it more affordable for Saudis to own homes, up to 72 percent of the Kingdom’s total real estate financing contracts from the first quarter of 2017 to the same period of this year were supported by various subsidy programs, according to the CEO of the Real Estate Development Fund. Speaking at the Housing Finance Conference held in Riyadh, Mansour bin ....

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Montana Housing Task Force Recommends State LIHTC Tied to Zoning Reform in Final Report to Governor

The Montana Governor’s Housing Task Force transmitted Friday its final report to Gov. Greg Gianforte of its recommendations and strategies to increase the state’s supply of workforce housing, including creation of a state affordable housing tax credit; regulatory reform and investments in workforce development and private-sector home construction. ....

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