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Egypt announces new social housing initiative for 20,000 units
The Egyptian Ministry of Housing, Utilities, and Urban Communities has announced the 'Housing for All Egyptians 9' initiative, a new phase of social housing aimed at providing residential stability through rental and rent-to-own systems.
In a strategic shift, the Social Housing and Mortgage Finance Fund has partnered with 13 real estate developers to implement 13 residential projects in new cities. These units, measuring 90 square meters each, will be offered under a ownership system for the Fund. To ensure project quality and financial stability, participating developers must demonstrate a financial solvency of 2 billion EGP. While these new units may feature higher prices than previous offerings, they will include additional amenities such as elevators.
Eligibility for the program includes applicants aged between 21 and 35 years. The total monthly household income must not exceed 16,000 EGP. Applicants must not have previously been allocated a housing unit or land. The deadline for rental unit reservations has been extended to November 8, 2026, to allow citizens sufficient time for electronic registration via official platforms.
Entities
Egypt · Mai Abdel Hamid · Ministry of Housing, Utilities, and Urban Communities · Social Housing and Mortgage Finance Fund