258,000 housing units bring good news to citizens regarding the new offering
Social housing apartments
Dr. Assem El-Gazzar, Minister of Social Housing, confirmed that the presidential initiative by President Abdel Fattah El-Sisi "Housing for All Egyptians".
It has become an example to be followed in providing adequate housing for low- and middle-income citizens and building integrated urban communities for them.
New Housing for All Egyptians Offer
The Minister of Social Housing, Dr. Assem El-Gazzar, said that more than 666,000 housing units have been completed so far, and about 258,000 housing units are being implemented, and about 76,000 housing units are being offered to implement the requests received by the Social Housing Fund in the latest announcement.
More than 578,000 units have been allocated to low-income people, in addition to selling more than 16,000 units to ministries, governorates and various entities.
The Minister of Housing, Utilities and New Urban Communities also confirmed that 27,000 units are being implemented for middle-income people, and the percentage of male beneficiaries in the program reached 76% and 24% of females, and the cash support granted by the fund to beneficiaries amounted to 9 billion pounds, and the value of financing granted to customers amounted to 68.8 billion pounds, with the participation of 31 entities (banks and real estate finance companies).
Housing for All Egyptians
In the same context, Mai Abdel Hamid, CEO of the Social Housing and Real Estate Finance Support Fund, confirmed that the number of housing units offered within the presidential initiative Housing for All Egyptians for low- and middle-income people has exceeded the barrier of one million housing units, which is the dream that the fund has sought since 2014 and succeeded in achieving.
Mai Abdel Hamid stressed that the fund is continuing to offer housing units aiming to reach the second million, God willing.
The head of the Housing and Real Estate Finance Support Fund added that the achievement rates in the various announcements offered by the fund are very good, despite the global economic conditions that naturally affect price stability and performance rates.
However, the Fund succeeded in dealing with this matter, which is evident in the delivery of 15,000 housing units within the "Housing for All Egyptians 1" announcement before the scheduled date, while work will be done with the remaining beneficiaries during the current month of April according to the priority of each client until the units are fully delivered under this announcement.
Mai Abdel Hamid pointed out that the Social Housing Fund succeeded in offering 16 announcements within the presidential initiative "Housing for All Egyptians" for low-income citizens, while offering 3 announcements for middle-income citizens in the projects (Housing Egypt, Dar Misr, Janna) in cooperation with the New Urban Communities Authority, in addition to offering two announcements within the presidential initiative "Housing for All Egyptians" for middle-income citizens, in addition to signing 31 cooperation protocols with a number of different bodies, institutions, entities and unions to provide housing units for them.
The CEO of the Social Housing and Real Estate Finance Fund explained that the Fund pays great attention to effective communication with citizens, which is evident in the official communication channels offered by the Fund, starting with the website, as well as the Citizen Service Center. The Fund also launched a number of official pages on various social media sites, such as the Fund’s official page on Facebook, which has more than 611,000 fans and 668,000 followers, as well as the official channel on YouTube, which has more than 1.2 million views, with 47.1 thousand subscribers to the channel, and the official page on X, which has more than 7.5 thousand subscribers, as well as the official page on Instagram, which has 16.4 thousand subscribers, and finally the Fund launched its official page on Threads. Mai Abdel Hamid stated that the fund enabled citizens to contact it through the customer service call center, on numbers 5999, 5777 or 1188 from any mobile phone, and number 090071117 from any landline, and the number of incoming calls to it exceeded 12.2 million calls, as well as the SMS service, which the number of messages sent to citizens in the fiscal year 2022-2023 through this service reached more than 1.5 million messages, and the fund also has a number of customer service centers in city agencies and housing directorates, in addition to an integrated system for complaints and suggestions, which received more than 208 thousand complaints and suggestions since its launch until last March, and the average closure rate reached 98%. The CEO of the Social Housing and Real Estate Finance Fund said that periodic press releases are issued, as well as designing explanatory videos, filming videos on the ground, and other media activities that primarily aim to keep citizens informed of the most important developments related to various announcements and projects being implemented on the ground, so that citizens are not exposed to rumors and false news. These videos are also used in conferences and official events.