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Pakistan broadens its housing finance scheme, allowing overseas citizens and developer-led projects to access funding, widening homeownership opportunities.
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The State Bank of Pakistan (SBP) has expanded the reach of the Wazir-e-Azam Apna Ghar Program, also known as Ghar Ho Tu Apna, through a new multi-channel implementation strategy. The move broadens financing access for overseas Pakistanis and introduces new avenues for institutional and developer-led housing finance.
According to a circular issued by the central bank to presidents and chief executives of banks, the House Building Finance Company Limited (HBFCL), and Microfinance Banks (MFBs), the federal government has approved additional measures under the housing scheme. These changes build upon earlier directives issued through SH&SFD Circular No. 03 of 2025 and Circular Letter No. 1 of 2026.
Under the revised framework, Overseas Pakistanis and Non-Resident Pakistanis holding National Identity Cards for Overseas Pakistanis (NICOP) or Pakistan Origin Cards (POC) are now eligible to obtain financing through the program. The development is expected to improve access to housing finance for Pakistanis living abroad who wish to invest in residential property back home.
The updated strategy also permits Participating Financial Institutions (PFIs) to arrange institutional financing for government employees through department-level bulk processing. This mechanism is designed to streamline financing procedures and improve access to homeownership for public-sector workers.
In addition, PFIs have been authorized to extend financing to private developer-led housing projects operating under the scheme. The inclusion of developers is aimed at supporting larger-scale housing initiatives while expanding financing options available to prospective homeowners.
The SBP stated in its circular that all other instructions governing the housing finance program will remain unchanged. The latest revisions reflect ongoing efforts to widen participation in the government-backed housing initiative and encourage greater activity in Pakistan’s residential property sector.
