Ministry of Housing Announces the Launch of the 14th Phase of Social Housing Units

The Ministry of Housing, Utilities, and Urban Communities has announced the start of applications for the 14th phase of its Social Housing program. This phase offers 90-square-meter apartments, aimed at providing suitable and affordable housing for Egyptian families. The initiative is part of the government’s broader efforts to meet citizens’ housing needs across the country, offering a great opportunity for middle-income families to own well-sized apartments at subsidized prices.

Details of the Offer

Apartment Size and Design
The apartments available in this phase are 90 square meters, providing ample space for a medium-sized family. Each unit includes two bedrooms, a living room, a kitchen, and a bathroom, with attention given to proper lighting and ventilation.

Pricing

• The price of the apartments ranges from EGP 350,000 to EGP 450,000, depending on the location and specific project.
• Prices are heavily subsidized by the government and significantly lower than market rates in similar areas.

Terms and Conditions

• Applicants must be Egyptian citizens with a monthly income within the limits set by the Ministry of Housing.
• Applicants and their families must not own any other residential units, and supporting documents must be provided to verify this.
• A specialized committee will review all applications to ensure fairness in the distribution of housing units.

Financial Facilities

• The Ministry offers low-interest loans at a 7% annual interest rate, with repayment periods of up to 20 years.
• Applicants can also benefit from additional mortgage financing support through the Social Housing and Mortgage Finance Fund.

Project Locations

The offered units are located in various new cities such as New Cairo, 6th of October, Sheikh Zayed, and other major residential areas. These projects are strategically positioned near essential services, including schools, hospitals, and public transportation.

Application Process

• The application period begins from the date of the announcement and will continue until the specified deadline.
• Applicants must fill out the application form via the Ministry’s website or at authorized offices across the governorates.
• Required documents include a national ID, income certificates, and proof of residential status.

This initiative is a golden opportunity for families seeking affordable housing with government support, contributing to social equity by making homeownership more accessible to middle-income citizens.