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Housing Loan bill expected to be signed this week PHA limit up to $60K, NDPB up to $100K

Olbiil Era Kelulau (OEK)’s version of Housing Development Loan Program bill HB 10-108-10, HD2, SD5 was referred back with PD1 version which is expected to pass both houses of OEK today, according to sources.  The bill is also expected to be signed into law this week. President Remengesau, in his transmittal letter emphasized the collaboration […]

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$15 million housing loan project bill passes 2nd reading in Senate

“The money is here and we need to work together to move forward on it,” expressed President Remengesau on the bill outlining policy goals and utilization of funds for national housing development projects. President Remengesau had earlier acquired a $15 million soft loan from Republic of China Taiwan to address the displaced housing crisis. How […]

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