Opposition coalition's presidential candidate Mohamed Ibrahim Solih (Ibu) has pledged to provide nationwide housing should he succeed in the coming elections this September 23.
Speaking at his campaign expedition to Miladhoo, Noonu Atoll, Ibu stated that the biggest problem faced by the country is the need for housing and shelter.
“Our policies include a housing policy that aims to establish housing for every single national. By God's Will, the policy will be implemented and not a single Maldivian will be without housing,” said Ibu, speaking at his campaign trip to the atolls of Noonu and Raa.
According to Ibu, over 20,000 families are currently in need of housing. Included in the opposition's newly revealed policies are the decrease of housing loan interest rate to six percent, a new housing bill to be drafted and implemented, and a free housing scheme for those who are financially underachieving.
Ibu stated that it was the responsibility of the state to provide housing for those who cannot afford to pay rent and for other necessities.
“Until they find the financial means to live on their own, our government will provide these necessities.”
Identifying that a large amount of Maldivians live by paying rent, Ibu has declared that under his administration, he will establish a subsidy for rent. He added that the policies will find a solution for those who are financially unable to pay the large sums of money for advance payments as well as being ineligible for the housing loans, while speaking at Miladhoo, an island with prominent housing crises.
Housing loan interest rates currently stand between 11 and 12 percent.
Though Ibu has declared housing related policies, so too has incumbent President Abdulla Yameen Abdul Gayoom, with his plan to develop and reclaim the suburb Vilimale’ area, with a housing project capable of housing over 300,000 people.
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