23 Hrs
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بوابة الشروق
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Social Housing Support for 10,000 Units
The main highlight of the article is that the Social Housing Fund is currently offering 10,000 housing units under a rent-to-own system. The initiative aims to support newlywed couples with a monthly income of up to 16,000 Egyptian pounds by providing non-withdrawable financial assistance of up to 100,000 pounds throughout the contract period, which extends up to three years with the possibility of renewal. The support is distributed through monthly installments and includes units in 26 governorates, with sizes ranging from 75 to 90 square meters. The program offers various options in terms of location and space, aiming to facilitate small families and low-income households in obtaining adequate housing and easing their financial burdens. Rent increases are set at 7% annually.
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