The Affordable Housing Bank of Punjab partnership under the Apni Chhat Apna Ghar initiative represents a major step toward solving housing shortages and unemployment challenges in Punjab. Launched under the leadership of Chief Minister Maryam Nawaz, the program is designed to provide affordable housing to low-income families while simultaneously creating large-scale employment opportunities across the province. With a target of building 100,000 homes and generating around 500,000 jobs, the initiative reflects a long-term vision focused on social welfare, economic stability, and inclusive growth.
The program gained momentum through a formal partnership between the Punjab Housing Department and the Bank of Punjab, signed through a memorandum of understanding. This collaboration has positioned the Bank of Punjab as the exclusive financing partner for the scheme, ensuring transparency, accessibility, and efficient delivery of interest-free housing loans. By combining public sector oversight with institutional banking support, the initiative aims to make home ownership achievable for families that have traditionally been excluded from formal housing finance systems.
Under this partnership, low-income families benefit from interest-free loans with minimal documentation requirements, faster approvals, and simplified disbursement procedures. The government has announced the release of additional funds to accelerate loan processing, building on the success already achieved. Tens of thousands of families have received housing loans, with billions of rupees disbursed so far, and regular monthly recoveries through affordable installments have demonstrated the financial sustainability of the scheme.
A central objective of the program is the construction of 100,000 affordable homes within a period of approximately four and a half years. These homes are being developed on government-owned land, within private residential schemes, and through financial assistance to families who already own small plots. Thousands of homes have already been completed, with many more currently under construction, showing tangible progress toward the project’s ambitious targets.
Beyond housing, the Apni Chhat Apna Ghar initiative is a powerful driver of employment. Large-scale construction activity has stimulated job creation across multiple sectors, including construction labor, building materials manufacturing, transport and logistics, and skilled trades such as plumbing, electrical work, and painting. By engaging young workers, small contractors, and local businesses, the project is expected to create approximately 500,000 jobs, providing income stability for families across urban and rural areas.
The social impact of the program extends well beyond physical infrastructure. Families that once lived in insecure and unsafe conditions now have legal ownership of homes, offering stability, dignity, and a better environment for children’s education and family life. Home ownership has also strengthened the role of women within households, contributing to greater social empowerment and security.
The Punjab government’s broader vision behind the Affordable Housing Bank of Punjab partnership is rooted in equality and long-term public welfare. By linking affordable housing with job creation and financial inclusion, the initiative is uplifting entire communities rather than offering short-term relief. The Apni Chhat Apna Ghar program stands as a model of how coordinated public and private sector efforts can deliver sustainable solutions to housing and employment challenges.
Overall, the Affordable Housing Bank of Punjab partnership is more than a housing scheme. It is a comprehensive development initiative that is transforming lives, strengthening the provincial economy, and setting a benchmark for future welfare programs focused on dignity, opportunity, and inclusive growth.
