The Ministry of Housing, through the Social Housing Fund website, has announced the application requirements for the 2025 housing units. Key conditions include: the applicant must be an Egyptian citizen, at least 21 years old, and must not have previously received a subsidized housing unit for themselves or their family. In addition, applicants must not have benefited from any real estate financing support. Only one unit per family is allowed.
Down Payment and Financing Interest Rates
The Ministry of Housing stated that the payment system is based on mortgage financing with reduced interest rates, set according to income brackets:
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Low-income applicants: Annual interest rate of 8% with a down payment of EGP 50,000.
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Middle-income applicants: Annual interest rate of up to 12%, with repayment periods extending up to 20 years and a down payment of EGP 100,000.
The electronic brochure will also include further details about administrative booking fees and registration costs, which will soon be available on the fund’s official website.
Income Limits for Applicants
The fund has also announced the income thresholds for eligibility:
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Low-income applicants:
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Maximum monthly income: EGP 12,000 for individuals, and EGP 15,000 for families
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This translates to an annual income of EGP 144,000 for individuals and EGP 180,000 for families
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Middle-income applicants:
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Monthly income: EGP 20,000 for individuals, and EGP 25,000 for families
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Annual income: EGP 240,000 for individuals and EGP 300,000 for families
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This initiative is considered one of the most prominent housing projects that offer support and facilitation, providing many segments of society the opportunity to own suitable housing with long-term installment plans and low interest rates. It reflects the state’s commitment to achieving social justice and ensuring a dignified life for every citizen.
