The COVID-19 Response Home Loan Assistance has been extended to 31 December 2021 after previously being scheduled to close on 31 October 2021.
Fiji National Provident Fund is encouraging affected members to submit their application ahead of the deadline as this will be the final extension to the Home Loan assistance.
The Fund has paid $13.6 million to date for the home loans of 1,464 members, which is disbursed directly to financial institutions and lenders.
FNPF’s Chief Executive Officer Viliame Vodonaivalu says the assistance continues to benefit members whose loan repayments had lagged due to their employment status being affected by the pandemic.
Vodonaivalu says the uncertainty brought on by the pandemic has disrupted members’ lives through the loss of income from employment and this has affected their ability to meet their loan repayments for investments.
He adds the Fund will continue to assist these members as best as they can to ensure they do not lose important assets such as their properties.
