The UAE Ministry of Energy and Infrastructure, represented by the Sheikh Zayed Housing Program, announced the approval and issuance of residential aid decisions for the current month of November by 510 new residential decisions, with a total value of 406 million and 700 thousand dirhams, as part of the fifth batch of beneficiaries of loans in accordance with the new housing policy and the financing program for housing loans.
Thus, the percentage of what was achieved from the targets in 2022 since the adoption of the Council of Ministers in June adopted 84%, at 2526 residential decisions worth two billion and 12 million 851 thousand dirhams out of 3 thousand scheduled for the current year.
Mohamed Al Mansouri, Director of the Sheikh Zayed Housing Program, said that the program continues to work hard and constructive cooperation with various partners in government agencies and the private sector, especially national banks to implement the rational leadership decisions aimed at meeting the aspirations and needs of citizens and providing them with decent livelihoods and ensuring the well -being of the people of the homeland and their families, Including the new housing policy and the financing program for housing loans, at a value of 11.
5 billion dirhams, which will benefit 13 thousand citizens, which was adopted by the esteemed cabinet at its session last June.
He pointed out that the Sheikh Zayed Housing Program is making sincere efforts in order to meet the requirements of citizens who applied for housing aid and accelerate the completion of requests and the completion of all waiting lists, as well as strengthening cooperation with its partners in government agencies, the private sector and the local community in this regard and that it is among the targets of the program For the next stage, unifying efforts to serve citizens who benefit from the program.
He explained that the new housing policy confirms that the housing file represents a priority within the strategic directions of the state for the next fifty years and the approach of the rational leadership and embodies the efforts of the UAE government in making its citizens happy and speeding up its steps towards achieving housing stability and the quality of life for citizens and providing them with decent livelihoods in a way that supports the state’s targets for the next fifty years And its aspirations towards global leadership.
Al -Mansouri pointed out that the Ministry of Energy and Infrastructure is represented by the Sheikh Zayed Housing Program and the directives of Minister Suhail Al Mazrouei actively working to take ambitious decisions that are compatible with the leadership orientations in terms of its fulfillment of the increasing demand for housing and the advancement of this vital sector, which is a major supporter of national economies and defines the features of family stability..
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