Iran's National Housing Fund Highlights Construction Costs and Financing Gap

The head of Iran's National Housing Fund said at a press briefing on Monday, November 2, 2026, that the fund's resources alone cannot finance home ownership for applicants and that construction can cost up to 80 million tomans per square metre in higher-cost circumstances. He called for private funding and said the fund's new approach allocates support directly to the final beneficiaries in proportion to their contributions, rather than as a lump sum to an entire project. His cost figure describes the upper end of the conditions he discussed, not an average across all cities.