OPEN// PM hands over contracts of new housing units to low, middle income families
CAIRO, March 15 (MENA) – Prime Minister Mostafa Madbouli handed over housing contracts to beneficiaries of the "Housing for All Egyptians" initiative during a visit to 10th of Ramadan City.
He was accompanied by Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities and a number of the ministry's officials.
For her part, Mai Abdel Hamid, Chairperson of the Social Housing and Mortgage Finance Fund, said that 1.2 million housing units have been offered, with 722,000 completed, including 553,000 in new cities and 169,000 in governorates.
An additional 280,000 units are under construction, including 216,000 social housing units and 64,000 green housing units.
The latest phase, "Housing for All Egyptians 5," saw record demand, with 762,000 application booklets sold and 561,000 applications processed. Applicants will receive status updates by March 18, 2025.
In 10th of Ramadan City, 81,736 social housing units have been built; with 67,288 completed and 14,448 under construction. The city has 65,136 allocated units and 67,288 available for new applicants.
For middle-income housing, 1,632 units have been developed; with 1,056 completed and 576 under construction. Meanwhile, 10,740 green housing units are being built in the city's latest development phases. (MENA)
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