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Can Social Housing 2026 shift to ownership
The article discusses the possibility of converting social housing apartments designated for rent into ownership in 2026. The Ministry of Housing and the Social Housing Fund announced the launch of 15,000 units under a rental system in various cities and governorates. They confirmed that beneficiaries can, during the contractual period which exceeds one year, convert the apartment from rent to ownership according to the announced conditions. These conditions include that the applicant be under 35 years old, that the rent does not exceed 25% of their monthly income, and that either the applicant or their spouse be a resident or employee in the governorate where the unit is located. Additionally, proof of income or a national ID card must be provided.
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