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The Real Estate Development Fund announced the deposit of more than 1 billion SAR into the accounts of beneficiaries of the Housing Support Program for August 2026, as part of efforts to facilitate homeownership for citizens and achieve the goals of Saudi Vision 2030. From January to August, the total deposited amount reached 8.628 billion SAR, helping over 1.8 million families obtain their first home and increasing the homeownership rate to 66.24%. The fund is working on developing innovative financing solutions in collaboration with financial partners and real estate developers to expand homeownership options.
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