As the costs of housing units under the “Housing for All Egyptians 3” project range between 194 and 310 thousand pounds, post offices started distributing booklets for reservations in social housing units today, Sunday, to continue through the end of this month. While the down deposit for a serious reservation costs between 15,000 and 22,000 pounds.
ready to be delivered residential units As of today, Sunday, citizens in the cities and governorates where the housing units are offered can purchase the terms of reference, pay the serious reservation advance, and administrative expenses through automated post offices. This information was provided by Engineer Mai Abdel Hamid, CEO of the Social Housing and Real Estate Finance Support Fund.
Noting that the new offering is distinguished by the presence of housing units available for immediate delivery, which enables individuals to relocate straight to their new housing units after completing their procedures, from Thursday, October 27, through October 2,
Making an application for a dwelling unit under the new offer: The applicant or the family (spouse, wife, and minor children) is not permitted to submit more than one reservation request for a housing unit in the new cities and governorates in the same advertisement, and they should not be. The applicant or family (husband/wife/minor children) should not have previously been allocated a housing unit of any kind in new cities or governorates, whether it was in his possession or assigned to others, and has benefited from prior real estate financing initiatives issued by the Central Bank by decisions of its board of directors dated February 2014 or December 2019 and their amendments, or issued on July June 2021.
The applicant or the family (husband, wife, and minor children) should not have previously been assigned a residential plot of any kind in new cities or governorates, whether it was in his possession, assigned to others, used in partnership with others, or transferred to the applicant or family by assignment from others. They should also not have benefited from a cooperative loan or support from the National Housing Project or one of its predecessors.
The beneficiary of a housing unit of social housing units is required to use it for housing for him and his family on a regular basis, and the applicant must be a resident of the governorate in which the housing unit is being applied for or residing in, or associated with work, or in one of the new cities affiliated to it, or neighbouring governorates. Priority is given to workers or residents in the same governorate, with the exception of applicants from Middle-income.
Income and for the average income from the date of receipt, or obtaining the Board of Directors of the Social Housing and Real Estate Finance Support Fund’s approval, and anyone who violates this is subject to a fine of at least twenty pounds or two thousand pounds, whichever is greater, and a term of imprisonment of at least one year.
With a decision to return the usufruct housing unit, the direct and indirect subsidies awarded, and its cost to the Fund in a single lump sum in accordance with the Law how many people have benefited from real estate financing so far According to Engineer Mai Abdel Hamid, there are currently 449 thousand beneficiaries of real estate financing, with a total of 49. 5 billion pounds in real estate financing, and 7.
4 billion pounds in cash support through 22 banks and 8 real estate finance companies, noting that 596,000 housing units have been implemented and another 265,000 are in the process of doing so, and that 16 advertisements were released from January 6, 2014, until the present, at which point 1. 5 million people had submitted reservations, bringing the total number of units allocated to 465,000.
The most crucial prerequisites for reservations in “Housing for All Egyptians 3” were announced with the release of the brochures.
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