Jakarta, June 20 -- The Ministry of Finance on Friday said that the realization of housing financing liquidity facility (FLPP) spending to support subsidized housing reached Rp12.59 trillion (US$767.9 million) as of May 31, 2025.

The FLPP is a mortgage scheme for providing government funding to banks and other financial institutions to offer loans at subsidized rates to low-income individuals and families.

"Through the FLPP program, the realization (of subsidized housing funding) until May reached Rp12.59 trillion, growing from Rp10.96 trillion in the previous month," Deputy Minister of Finance, Thomas Djiwandono, informed in a statement released on Friday.

This funding was distributed for 101,707 housing units in 379 districts/cities,...