The progress of the National Housing Movement projects has stalled at 25 percent.
The head of the Parliament’s Civil Commission says the progress of the National Housing Movement plan has stalled at 25 percent, and only a very small portion of the government housing projects have been delivered.
On Wednesday, April 11, Mohammad Reza Rezaei Kochi also said that three years into Ebrahim Raisi’s administration, the number of units delivered from this project has been very minimal, and what has been delivered pertains to the previous government’s National Housing Action project.
Despite insistence from government officials, including the Central Bank governor and the government spokesperson, that the increase in the free market exchange rate does not affect the country’s economy, this parliament member emphasized that the rise in currency prices affects the physical progress of all projects, including housing construction and the National Housing Movement.
This parliament member stated that due to the volatility of rates and fluctuations in the currency market, the cost of housing construction is no longer predictable, and contractors remain hesitant in signing housing construction contracts.
Mr. Rezaei Kochi further emphasized that from the previous government, the construction of 18 million housing units with a 25 percent physical progress was underway, but the progress of the projects has stalled at that level.
