RM10 million to benefit longhouse residents

KUCHING: Borrowers from the low-income group will benefit from the RM10 million longhouse loan allocated by the Federal Government, to build and repair their units.

Treasury secretary-general at Ministry of Finance, said the objective of the scheme was to enable longhouse residents who had difficulties in getting loans from financial institutions, and to own a modern and comfortable residential unit in a longhouse.

Tan Sri Dr Mohd Irwan Siregar Abdullah said, the scheme offers loans up to RM15,000 per door (residential unit) of a longhouse.”

He said  this during a press conference after handing over a mock cheque for RM10 million to State Secretary Tan Sri Datuk Amar Morshidi Ghani at Wisma Bapa Malaysia here yesterday.

Dr Mohd Irwan disclosed that between 2006 and last year, the federal government had been channelling funds amounting to RM72.5 million to the state government for the implementation of the scheme.This year we allocate RM10 million to enable the longhouse people to build and repair their units.

“It is the government’s effort to help those in the lower-income group, especially those residing in rural areas of Sarawak, so that they can have a comfortable home to live in,” he said.

Meanwhile, Morshidi explained that the scheme was prepared for those who had the ability to service the loan payments, unlike other financial provisions and assistance for those in the poor and hardcore poor categories.

“Priority will be given to those with urgent need. This is a loan — not a grant such as the Housing Assistance Programme given to recipients of e-Kasih.

“This is for people who can afford to pay but unable to get bank loans due to certain requirements or circumstances,” he said. – SarawakVoice.com