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The Ministry of Housing and Urban Communities plans to launch around 15,000 rental housing units within a month, aimed at providing suitable homes for low- and middle-income families in several governorates and new cities. The offering includes approximately 8,464 units in the governorates, 3,256 units in the new cities, and an additional 3,280 units under the "Decent Life" initiative, along with 5,000 units previously announced under a rent-to-own scheme. The distribution covers cities such as New October, Al-Obour, Aswan New City, among others, with units ranging in size from 75 to 100 square meters depending on the program. Eligibility conditions include: the applicant must be no older than 35 years, the rent should not exceed 25% of their income, residency within the governorate is required, documents must be submitted, and a social survey will be conducted. The system allows tenants, after the rental period—which can extend up to three years and is renewable—to apply for ownership of the unit or continue renting. The ministry is preparing to launch a new phase of affordable homeownership units for low-income groups before the end of the year, as part of a plan to expand housing options.
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