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Source: المصري اليوم
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Source: المصري اليوم
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Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund, said the Fund has offered and built more than one million housing units for low-income households under the “Housing for All Egyptians” initiative. She said 890,000 units have been completed, around 182,000 are under construction, and preparations are underway to offer 6,000 more units for implementation. A total of 2.4 million people have applied to reserve units through 22 announcements. The average unit price was EGP 344,000, with mortgage financing available for up to 20 years at 8% interest and cash support of up to EGP 180,000.
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