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Housing Ministry to launch 5000 rent-to-own units
The Ministry of Housing announced its readiness to launch approximately 5,000 diverse residential units with varying sizes on a rent-to-own basis in 25 new cities within the month. The initiative aims to diversify housing options and meet the needs of different segments of citizens. Conditions include organizing the application process through a public lottery and allocating 5% of the units to people with disabilities, with a lease duration of 20 years. The program seeks to provide flexible and sustainable housing alternatives while ensuring justice and transparency in allocation and contracting processes.
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