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Lease Apartment Conditions 2026

Lease Apartment Conditions 2026

The article details the conditions of the 2026 lease-to-own housing application booklet announced by the Ministry of Housing. It includes a plan to offer approximately 20,000 residential units, of which 5,000 are on a rent-to-own basis through the New Urban Communities Authority, and 15,000 are on a non-ownership rental basis via the Social Housing Fund and the Real Estate Financing Support Fund. The main eligibility criteria are explained, such as the applicant's age being between 21 and 45, not owning more than one unit, and the maximum income limit set at 12,000 EGP for singles and 16,000 EGP for families. Priority is given to those with previous rent loan mortgage cases. The article also outlines the application conditions for the Rent Program from the Social Housing Fund, including an age limit of up to 35, and paying 15% of the monthly income as rent. The apartment sizes range from 75 to 96 square meters in new cities. It also specifies the required documents, allocation principles, registration fees, financial facilitation options, and government support ranging from 20,000 to 100,000 EGP.

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