BTN and PPATK Renovate 20 Substandard Homes Across Four Regions
PT Bank Tabungan Negara (Persero) Tbk (BTN), together with the Financial Transaction Reports and Analysis Centre (PPATK), has repaired 20 uninhabitable homes (RTLH) in four regions for underprivileged families who have not been able to access housing finance.
The programme targets low-income communities, particularly those in decile 1 through part of decile 4, who still struggle to own or repair their homes independently.
BTN President Director Nixon L.P. Napitupulu said not all members of society can be reached through mortgage lending schemes (KPR), so alternative solutions such as home renovation are needed.
“There are still people who cannot afford KPR instalments, especially in the lower deciles. That is why home renovation is one of the solutions,” Nixon said in Warunggunung Village, Lebak Regency, Banten, on Thursday (13/8).
The 20 homes repaired are spread across Lebak, Cianjur, Sukabumi, and Purworejo, with five units in each area. The programme continues the BTN-PPATK collaboration in 2025, which repaired 15 homes, bringing the total to 35 homes renovated over two years.
Nixon added that the problem of uninhabitable housing remains significant in Indonesia, where around one in three families still does not live in adequate housing.
He said resolving this issue requires broader involvement from various parties, not just the government.
“If all corporations move together, the impact could be far greater and directly felt by the community,” he said.
The programme is also part of BTN’s transformation towards Beyond Mortgage – Building Homes, Building Lives, and supports the SOE agenda of creating sustainable social impact. To date, BTN has disbursed financing for around 6.1 million homes in Indonesia.
PPATK Head Ivan Yustiavandana said the programme is part of Indonesia’s National Anti-Money Laundering Movement, now in its 24th year.
“Together with BTN, we are repairing homes to help people who need the basic necessity of shelter. We will continue this activity,” Ivan said.
The programme also carries the spirit of “Clean Homes, Clean Finances”, which will be expanded through family financial literacy initiatives.
In Lebak Regency, Deputy Regent Amir Hamzah said there are still around 5,000 residents in the extreme poverty category, with a poverty rate of 8.03%.
“We are grateful for the attention from BTN and PPATK. We hope programmes like this can continue,” he said.
One beneficiary, Sanatra, said he was greatly helped after his previously damaged and leaking home was repaired.
“The house used to be on the verge of collapse and leaking, but there was no money to fix it. Now it is in good condition, and we are very grateful,” he said.
Beneficiaries are determined through coordination with local governments and the Housing and Settlement Areas Agency, as well as through a verification process of housing conditions.
The programme also supports the government’s 3 Million Homes Programme target, particularly in improving the quality of housing for low-income communities.