Pres establishes corporation to provide affordable housing

A corporation has been established by President Ibrahim Mohamed Solih in a bid to provide affordable housing for the citizens of Maldives.

The 100% state owned 'Fahi Dhiriulhun Corporation Limited' will be responsible for managing all current and future State housing projects, providing affordable housing, and providing subsidized housing to low income citizens. The corporation will also assist first time home owners financially.

The corporation will base their work on the housing needs assessments in order to maintain fair and trustworthy policies in fulfilling housing needs of the people.