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Opinion 10 months ago
PREMIUM
Analysis: ‘3 million homes’ program in limbo after losing PSN status
Faith in the implementation of President Prabowo Subianto’s flagship “3 million homes” program has waned after it was recently excluded from the list of National Strategic Projects (PSN) as outlined in the Coordinating Economy Minister’s Regulation No. 16/2025. The setback comes following the annulment of the 2016 Public Housing Savings (Tapera) Law, which was expected to serve as a cornerstone of the government’s affordable housing drive by providing a sustainable funding source for the housing finance liquidity facility (FLPP), which provides low-interest mortgages for low-income households (MBR) under a subsidy scheme.
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