Foundation to help those blacklisted own first home

For the people: Sultan Abdullah (centre) looking on as Tan (second from left) presents a mock cheque for a RM5mil donation from the Better Malaysia Foundation to YMFH trustee Datuk Stewart Labrooy. Also present are Sunita (left) and YMFH trustee Datuk Seri Robin Tan.

PETALING JAYA: A newly launched foundation is aiming to help at least 1,000 low-income persons who are blacklisted to own their first home within the first year.

Yayasan My First Home (YMFH) chairman Tan Sri Vincent Tan said one of the foundation’s aims was to ensure that as many people as possible had access to owning a house, especially those in the bottom 40% income group (B40).