Soleimani, the head of the Housing Foundation of the Islamic Revolution, emphasized that no program in the country's development plans has been more successful than rural housing reconstruction. He mentioned that the Planning Organization is issuing guarantee letters for the 400 million Toman rural housing loans and sending them to the Central Bank, with the possibility of the loan payments starting by the end of December.

EghtesadOnline: Bank Maskan, the state agent bank of the housing sector, has raised the ceiling on home loans paid under the so-called Youth Savings Account.

EghtesadOnline: Prospective home-buyers can now take out loans under Housing Saving Account mortgage loan on homes up to 25 years old, says Mahmoud Shayan, the managing director of Bank Maskan, the state agent bank of housing sector.

EghtesadOnline: As prices of all goods and services, including apartments, are rising in Iran due to an ongoing currency crisis, the government is pondering on ways to facilitate conditions of homeownership to at least partially offset the declining public purchasing power in the housing market.

EghtesadOnline: Over the past decades and under different governments, housing indicators have moved deep into negative territory and the scale and scope of the problems have turned into a full-fledged crisis apparently with no solution in sight.