Housing Development Finance Corporation (HDFC)
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NewsMVR 750 million included in budget for housing equity scheme
The Maldivian government has allocated MVR 750 million in the 2025 budget for a new housing equity scheme. The program provides up to MVR 200,000 to help citizens cover down payments for home construction or flat purchases. This initiative aims to assist landowners who lack the financial capacity to build their own homes.
NewsAgreements signed to provide housing grants
The Housing Ministry signed agreements with four financial institutions to launch the "Help to Build, Help to Buy" grant program. The initiative offers up to MVR 1 million for home construction and MVR 250,000 for apartment purchases. President Muizzu’s scheme aims to assist citizens with housing costs across Male' and other islands.
