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[BUSINESS] · Egypt · 2 sources

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Egypt announces 25,000 rental apartments under new housing initiative

The Egyptian Ministry of Housing and the Social Housing and Mortgage Finance Fund have announced details for the ‘Housing for All Egyptians 9’ initiative, offering rental apartments to low and middle-income citizens. The program includes an initial offering of 15,000 apartments through the Social Housing Fund and a second offering of approximately 10,000 units through the Urban Communities Authority.

Applications for people with disabilities begin on September 20 and run through September 27. General applications, including those for people with disabilities, open from September 28 until the deadline on October 28. Eligible applicants must be Egyptian nationals aged between 21 and 35 for rental units, with a monthly net family income between 8,000 and 16,000 EGP.

The housing units are distributed across various governorates and new cities, including Cairo, Giza, October New City, and others. The initiative also includes 3,280 units under the ‘Decent Life’ (Hayah Karima) initiative. Required documentation includes national ID copies, marriage or divorce certificates, family records, and proof of income.

Entities

Egypt · Ministry of Housing · Social Housing and Mortgage Finance Fund