The Ministry Of PUPR Calls Employees Who Participate In The Tapera Not Immediately Get A Home

Illustration - Housing. (Photo: Doc. ANTARA)

JAKARTA - Director General of Public Works and Public Housing Infrastructure Financing (PUPR) Herry Trisaputra Zuna said that the three percent payment for Public Housing Savings (Tapera) paid by employees is an investment.

"Please understand that the savings were part of the funds collected to be raised later, invested. This investment result is used to make mortgages with affordable interest, which is 5 percent," he explained at a press conference at the BP Tapera Office, Wednesday, June 5.

According to Herry, the more members of Tapera, the sooner the endowment fund will be formed so that people can be served more quickly.

However, the funds will still be combined with the state budget from the government.

"In the future, it can be combined so that this is a blended combination of the two, in this way it will be able to benefit, the concept of mutual cooperation," he said.

However, Herry said, the investment proceeds from the management of Tapera funds will later be used to obtain mortgage installment interest subsidies at 5 percent.

In addition, the mortgage installment interest subsidy is cheaper when compared to the mortgage interest rate in banks of 11 percent.

Herry said that BP Tapera is the only entity responsible for managing home funds.

Before BP Tapera this, the so-called collection took time. Before it was formed, FLPP would continue and we are currently studying with the Ministry of Finance so that with the same funds we can expand the benefits," he explained.