{
    "success": true,
    "data": {
        "id": 1891507,
        "msgid": "himperra-central-java-states-housing-kur-assists-subsidised-housing-developers-1785432725",
        "date": "2026-07-30 23:10:03",
        "title": "Himperra Central Java states Housing KUR assists subsidised housing developers",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "The Central Java regional board of Himperra has reported that the Housing People's Business Credit (KUR) programme is significantly aiding subsidised housing developers in the province. Approximately 40 to 50 developers have utilised the facility with a maximum ceiling of Rp5 billion to reduce reliance on high-interest bridging loans.",
        "content": "<p>The Regional Board of the Association of Residential and Housing\nDevelopers (Himperra) Central Java has stated that the Housing KUR\nprogramme from the Ministry of Housing and Residential Areas (PKP) is\nhighly beneficial for subsidised housing developers in Central Java\nProvince.<\/p>\n<p>\u201cIn Central Java, I see that many of my fellow developers are taking\nadvantage of the housing KUR, which I believe is very helpful,\u201d said the\nChairman of the Himperra Central Java Regional Board, Sugiyatno, in\nBatang, Central Java, on Thursday.<\/p>\n<p>According to him, around 40-50 Himperra Central Java developers have\nutilised the facility, which offers a maximum ceiling of Rp5 billion as\nworking capital for house construction. He added that the KUR is\nextremely helpful because, previously, much of the working capital was\nobtained through bridging facilities from regional banks (BPR). With\nlower interest rates, the quality of house construction can also be\nimproved.<\/p>\n<p>He welcomed the launch of the Housing KUR, valued at approximately\nRp880 billion for Central Java, and expressed hope that its realisation\nwould continue to increase towards the end of the year. The majority of\nthe KUR usage is currently concentrated in the Semarang Raya area,\nfollowed by Solo Raya and Pekalongan Raya, while approximately 95 per\ncent of Himperra Central Java members are subsidised housing\ndevelopers.<\/p>\n<p>A mass signing of the Housing KUR agreements was conducted in Batang\nfor 200 debtors under the Housing KUR Programme, with a total agreement\nvalue reaching Rp880 billion for 7,100 debtors. The breakdown of these\n7,100 debtors includes 6,873 debtors from the demand side and 227\ndebtors from the supply side.<\/p>\n<p>The Housing Credit Programme (KPP), or Housing KUR, is a credit\nfacility for working capital and\/or investment financing provided to\nmicro, small, and medium enterprises (MSMEs), including individuals or\nbusiness entities, to support priority programmes in the housing sector.\nEligible recipients from the supply side include MSMEs or business\nactors such as housing developers, construction service providers or\ncontractors, and building material traders. KPP funds are used by the\nsupply side for purposes such as land provision, the purchase of\nbuilding materials, and the procurement of goods and services for house\nor residential construction. From the demand side, KPP can be used by\nindividuals or MSMEs for purchasing, building, or renovating houses to\nsupport business activities.<\/p>\n<p>Previously, the Minister of Housing and Residential Areas (PKP),\nMaruarar Sirait, stated that the KPP is a tangible manifestation of the\nPrabowo administration\u2019s commitment to the housing sector. The KPP is\nimplemented based on the Coordinating Minister for Economic Affairs\nRegulation No.\u00a013 of 2025 and the Ministry of PKP Regulation No.\u00a013 of\n2025.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/himperra-central-java-states-housing-kur-assists-subsidised-housing-developers-1785432725",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}