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Unique brochure for 15,000 rent-to-own homes
The Ministry of Housing and the Social Housing Fund for Mortgage Financing have launched a new offer of 15,000 housing units under the ownership lease system in 16 governorates and 12 new cities, to provide housing options for low-income individuals. The units range in size from 75 to 90 square meters, with conditions related to applicants' age and household income. Lease terms can extend up to three years and are renewable, with the possibility to convert to ownership after one year of the contract. Moreover, the program aims to support the presidential initiative "Decent Life," offering units of various sizes, including those implemented within the initiative. Eligibility criteria and social reports are required to ensure beneficiaries' entitlement.
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