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Mehr Housing Project in Final Steps

Mehr Housing Project in Final Steps Mehr Housing Project in Final Steps

The government has managed to finalize the construction of 800,000 Mehr housing units in the past three years and plans to finish the remaining 2,200 units by February 2017. Ahmad Asghari Mehrabadi, the deputy minister of roads and urban development, said the government plans to allocate 10 trillion rials ($323 million) to Energy Ministry for development of infrastructures like water supply and electricity, ISNA reported on Sunday. The Mehr project is a large-scale construction program initiated in 2007 by the previous administration to provide two million low-income people with housing units through free land and cheap credits. Minister of Roads and Urban Development Abbas Akhoundi said the new units would be delivered only after the necessary infrastructure is complete.

 

Financialtribune.com