In an encouraging step towards solving Egypt’s housing crisis and supporting low and middle-income families, the Ministry of Housing has launched a new initiative that allows citizens to obtain a government-supported apartment with an initial down payment starting from just EGP 25,000, with immediate delivery available in selected locations.
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Key Highlights of the Initiative
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Down Payment Starting from EGP 25,000
Applicants can now book their units with a minimal upfront payment. This initiative is designed to ease the financial burden on citizens and make home ownership more accessible. -
Immediate Delivery Units
Unlike previous phases that required years of waiting, many of the available units under this offer are ready for immediate handover, allowing families to move in without delay. -
Various Locations Across Egypt
The units are distributed in several governorates and new urban cities including 10th of Ramadan, New October, Badr, New Minya, New Sohag, and more, ensuring wide geographic availability. ....
Affordable Monthly Installments
The remaining cost of the apartment can be paid over an extended period through affordable monthly installments, making the dream of home ownership within reach for thousands.
Eligibility & Application
To qualify, applicants must meet the criteria set by the Social Housing Fund, which typically includes:
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Being an Egyptian citizen aged between 21 and 50
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Having no previous allocation of social housing
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Falling within the income limits set for the program
How to Apply
Interested applicants can apply through the official website of the Social Housing and Mortgage Finance Fund or visit the nearest post office to purchase the booklet and submit the required documents.
This initiative represents a golden opportunity for individuals and families seeking stable housing at a low cost. With minimal upfront payments and immediate possession, the dream of owning a home is now closer than ever for many Egyptians.
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