The Incorporation for Public Housing was established on July 24th 1996 under the law number 539/96. It is a public institution enjoying legal personality in addition to a financial and administrative autonomy. A special regulation allows it to contract with banks, institutions and individuals to secure co-financing for residential lending.

The IPH aims to facilitate the housing of the Lebanese people with modest and low-income in appropriate houses in cities, villages, and by securing loans ang financial facilities.
 

Characteristics of the IPH Program

•     Amount: Between 6 and 270 millions Lebanese Pounds.
•     Currency: Lebanese Pounds.
•     Repayment Period: 10 to 30 years.
•     Down Paymment: 10% of the value of the apartment.
•     Interest Rate: The applied interest is determined as 20% of the return on 2years T-Bills + 3.5%. Currently 4.66%.
•     Approval with BLOM Bank: You can get an approval within 48 hours for our clients.
•     Income: The household's monthly income must not exceed 6,750 million Lebanese Pounds.
•     Area: The area of the house must not exceed 220m2.