In a major move to improve access to affordable housing, the Government of Pakistan has approved the inclusion of Lending Non-Banking Finance Companies (NBFCs) in the Prime Minister’s Apna Ghar Program. The decision follows a proposal submitted by the Securities and Exchange Commission of Pakistan (SECP) and is expected to broaden the availability of housing finance across the country.

With the inclusion of NBFCs, the network of participating financial institutions has been expanded, enabling more individuals, particularly those with limited access to traditional banking services, to apply for financing for home construction and home purchases under favorable terms.

The initiative is aimed at promoting financial inclusion by increasing access to housing finance for underserved communities. By diversifying financing channels, the government seeks to make homeownership more attainable for a larger segment of the population while supporting sustainable economic development.

Officials believe the expanded framework will strengthen the country’s housing finance ecosystem and contribute to the government’s broader objective of improving affordable housing opportunities for citizens.

The development marks another step toward enhancing financial accessibility and encouraging inclusive economic growth through increased homeownership across Pakistan.