BP Tapera Supports Increased Interest in Subsidised Flats Through Affordable FLPP Financing

The Public Housing Savings Agency (BP Tapera) is supporting increased interest in subsidised flats (rusun) through a strategic measure, namely the provision of affordable FLPP financing. BP Tapera Commissioner Heru Pudyo Nugroho stated in Jakarta on Wednesday that the agency is backing subsidised flats by ensuring accessible FLPP financing with consistently low, fixed interest rates. Heru outlined several strategic steps, beginning with increasing socialisation and education for the public, particularly the younger generation and urban workers, on the advantages of vertical housing located close to economic activity centres. Secondly, he noted collaboration with the government and developers to ensure subsidised flats are built in locations with good access to transport, public facilities, and a quality environment. Thirdly, he added, is the use of digitalisation for financing services, making the process of accessing information and applying for subsidised mortgages easier and faster for the public. The fourth strategic step, Heru said, is encouraging product development suited to the needs of low-income communities (MBR) in urban areas, in terms of design, unit size, and area quality. Minister of Housing and Settlement Areas (PKP) Maruarar Sirait previously stated that housing provision in urban areas is being directed towards vertical residential development, citing limited land availability for house construction. He said the home ownership backlog remains a major issue, with the 2025 National Socio-Economic Survey (Susenas) recording a national backlog of 9.6 million units. He also noted that land provided by the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) is being utilised for the construction of flats and satellite cities for the public. Regarding flats, he confirmed they are a focus of President Prabowo and Housing Task Force Chairman Hashim Djojohadikusumo.