Cabinet approves 5,000 lease-to-own homes
The Cabinet approved the Ministry of Housing, Utilities, and Urban Communities, through the New Urban Communities Authority, to offer 5,000 housing units under the rent-to-own scheme (lease-to-own), in accordance with the conditions proposed by the Authority. This move aims to facilitate citizens' ownership of housing units through the lease-to-own system, which allows a transition from renting to ownership over a specified period.
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