المصري اليوم
المصري اليوم
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The 2026 Mortgage Rent System aims to provide housing units to beneficiaries in exchange for paying monthly rents, with the opportunity to own the unit after the contract period and installment payments are completed. The initiative includes offering 5,000 ready-to-deliver housing units across 25 new cities, with 5% of these allocated to people of determination. Eligibility requirements for applicants include being between 21 and 45 years old, having an income that does not exceed the specified maximum, and meeting all eligibility conditions. Applications must be submitted electronically through the official website. The monthly rent ranges from 1,500 to 2,000 Egyptian pounds, with a rental term of 20 years. The initial contract lasts for 3 years and is renewable, after which ownership is transferred through a mortgage financing system. The project targets low- and middle-income groups, including young newlyweds, divorced individuals, widows, and freelancers. Required documents include a national ID card, salary slip, income certificate, birth certificates of children, utility bill, and a social insurance statement if available.
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