The policy was officially launched by IPA Board chairman Leon Buskens witnessed by staff and the media.
The IPA Board approved the initial idea to establish a staff home ownership scheme in 2011.
It took five years to finally come up with a policy that suited the IPA and is now ready to be rolled out and staffs have been encouraged to apply through the open market.
IPA Acting Managing Director Clarence Hoot said a total of 115 staffs have already expressed their interest in this scheme but only 62 have qualified to participate.
