The Egyptian government has begun handing over housing units under the “Housing for All Egyptians” project as part of the third phase of the social housing initiative. This phase is designed to provide secure and fully integrated housing solutions for low- and middle-income citizens. Thousands of fully finished apartments are being delivered across several governorates, in line with the approved timeline. This reflects the state’s commitment to achieving equity in housing distribution and enhancing the quality of life for its citizens.
Advantages of Social Housing Apartments 2024
The 2024 social housing units are a cornerstone of the government’s efforts to ensure housing justice. These units come with a host of advantages that make them an ideal option for eligible applicants:
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Fully finished units with various space options
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Financial support of up to EGP 60,000
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Repayment periods of up to 30 years under the mortgage finance initiative
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Balanced distribution across governorates and newly developed urban centers
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Integrated living environments with access to educational, medical, and commercial services
Mai Abdel Hamid, CEO of the Social Housing and Mortgage Finance Fund, announced that the new offering of 2024 social housing units is expected within the next six months. This will follow the completion of procedures related to the previous supplementary announcement. Below are the key highlights of the upcoming offering:
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One or two official announcements are made annually based on the readiness of the housing units
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The previous announcement received 65,000 applications
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The fund aims to accommodate as many qualifying applicants as possible
To stay updated on the latest official announcements and browse thousands of residential properties across various cities, visit the Official Egyptian Real Estate Platform — your trusted destination to find the right home for you and your family.