International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
Mortgage financing program announced in Palestine
Funding provided by Palestine Investment Fund, the US government agency, OPIC, the International Finance Corp, the World Bank and regional banks.
June 4, 2010 9:37 by Katherine Azmeh
A new $500 million mortgage finance program is planned for Palestine, Zawya.com reported Friday.
The program, with support of the World Bank, the IFC, and USAID will help provide mortgage financing and more affordable housing in Palestine.
The availability of mortgage financing is expected to double the number of Palestinian families able to purchase homes, the report said. The fund will offer long term mortgages with fixed rate and variable rate loans with terms of up to 25 years.