Fund deposits 1.08B Riyals for July housing support
The Real Estate Development Fund has deposited 1.082 billion riyals into the accounts of beneficiaries of the Housing Support Program for July 2026, in order to support the program's contracts and enhance beneficiaries' ability to own homes. Since its establishment in 1974, the Fund has helped over 1.8 million families acquire their first home and has increased homeownership rates to 66.24%. The Housing Program aims to achieve the goals of Saudi Arabia's Vision 2030 by developing innovative financing solutions and facilitating the homeownership process.
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