In Fiscal Year (FY) 2023, the Ministry of Public Works and Public Housing (PUPR) increased the number of recipients of housing finance assistance through the Housing Financing Liquidity Facility (FLPP) program. FY 2023 will increase to 220,000 units.
This was confirmed by the Director General of Public Works and Housing Infrastructure Financing Herry Trisaputra Zuna. Meanwhile, in FY 2022 the FLPP quota is 200,000 units.
Herry stated that the additional quota for FLPP housing subsidy recipients would also be followed by an additional budget from 2022 of Rp23 trillion to Rp25.18 trillion.
“The FLPP program in 2023 will be accompanied by the Advance Assistance Subsidy (SBUM) program with the same amount of 220,000 units amounting to Rp. , Monday (5/9/2022).
In FY 2023, the Public Housing Savings (Tapera) subsidy program will also be distributed in the amount of Rp4.64 trillion from public funds for 54,924 units.
So that the total target for distribution of its subsidy assistance for FY 2023 is 274,924 units worth Rp. 34.17 trillion, sourced from the State Budget of Rp. 29.53 trillion and public funds of Rp. 4.64 trillion.
Herry said that for the realization of housing finance assistance for the 2022 FY, it was recorded that until August 31, 2022, the FLPP People’s Housing Credit (KPR) program had reached 132,288 units or 66.14 percent of the target of 200,000 units with a budget absorption of 63.91 percent or Rp. 14.6 trillion from IDR 23 trillion.
Meanwhile, Savings-Based Housing Financing Assistance (BP2BT) was realized 5,042 units or 69.23 percent of the target of 7,283 units with a budget absorption of Rp196.5 billion or 67.44 percent of Rp291.4 billion.
“For BP2BT, implementing banks are still focused on issuing subsidized mortgages with the FLPP scheme compared to the BP2BT scheme,” he said.
Furthermore, he also conveyed that the realization of the budget expenditure of the Directorate General of Public Works and Housing Infrastructure Financing for the 2022 fiscal year reached Rp.296.25 billion of the total DIPA of Rp.512.47 billion, equivalent to 55.70 percent with physical work reaching 56.29 percent.
“This realization is higher than FY 2021 in the same month by 15.96 percent equivalent to Rp126.29 billion with a physical achievement of 16.18 percent,” said Herry.
Herry hopes that the Ministry of PUPR’s housing financing facilities and assistance is expected to increase access and affordability, especially for low-income people (MBR) to financing decent housing.
In addition, efforts to overcome the backlog, where in 2021 it will be 12.7 million with an annual population growth of 640,000.
 2023, the Ministry of Public Works and Public Housing (PUPR) increased the number of recipients of housing finance..){kind=link}