The Public Corporation for Housing (PCH) approved 4,600 loan applications, worth $544 million in 2015. The number of loans dropped by eight percent and the value by 16 percent, compared to 2014.
The value of loans averaged $122,000. Rony Lahoud, Chairman of the PCH, said: "Most applications are for small apartments in Mount Lebanon."
The PCH's market share is half of the total housing loans given. The Housing Bank-Banque de l'Habitat, which gives Central Bank (BDL) subsidized loan...
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The value of loans averaged $122,000. Rony Lahoud, Chairman of the PCH, said: "Most applications are for small apartments in Mount Lebanon."
The PCH's market share is half of the total housing loans given. The Housing Bank-Banque de l'Habitat, which gives Central Bank (BDL) subsidized loan...
Article details
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