In order to accelerate the accessibility of housing facilities for low-income citizens (
Masyarakat Berpenghasilan Rendah – “
MBR”), the Ministry of Public Works and Public Housing (“
Ministry”) has issued Regulation
No. 18/PRT/M/2017 on Savings-Based Housing Financing Facilities (“
Regulation 18/2017”).
[1]
Regulation 18/2017 sets out a set of detailed guidelines for government and banks as regards the organization of Savings-Based Housing Financing Facilities (Bantuan Pembiayaan Perumahan Berbasis Tabungan – “BP2BT”) for MBR. These guidelines cover encompass:
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