If you are a low-income person.. Find out when the 17th social housing announcement will be released – Youm7

Written by Ahmed Hassan

Wednesday, November 29, 2023 05:00 AM

Mai Abdel Hamid, CEO of the Social Housing and Real Estate Finance Support Fund, indicated that applications will be opened with the supplementary announcement on Sunday, December 3, 2023, and for a period of one month until Thursday, January 4, 2024, and the terms and conditions booklet will be made available, including the transfer steps, via the Fund’s official website. “Cservices.shmff.gov.eg”, explaining that the supplementary announcement to offer housing for all Egyptians 3 includes 90-meter units (3 rooms and a hall), and is divided into units ready for delivery, with the same price and conditions as the original announcement, and other units ready for delivery within 36 months with interest. 7.5% fixed for 20 years, and the amount of support provided to citizens was doubled from 60,000 pounds to 120,000 pounds for units delivered over 36 months, with the aim of confronting global economic conditions, which affected prices negatively.

Mai Abdel Hamid added that with regard to units ready for immediate delivery that meet the conditions of the original advertisement, the down payment will be completed with a minimum of 10% of the total value of the residential unit upon contracting, with an addition of 5% of the selling price of the residential unit as an amount for maintenance. As for the units 36-month delivery period. The serious reservation deposit required to be paid will be completed in the amount of 6 thousand pounds, and the amount will be paid at one of the automated post offices during the advertisement period. Quarterly payments will be made starting 3 months after the closing of the advertisement and for a period of 3 years, and the payment value will be 6 thousand pounds.

The CEO of the Social Housing and Real Estate Finance Support Fund indicated that with regard to units ready for delivery, citizens who are not prioritized in the previous announcement in (Fayoum – New Fayoum) can transfer to (Fayoum – Hawara Al-Maqta – Damascus), and in (Fayoum – Tamiya) transfer to (Fayoum – Hawara Al Maqta – Damascus – Shadmowa), and in (Beheira – Damanhour) and (Matrouh – Alamein) transfer to (Beheira – Wadi Al Natroun), and in (Minya – New Minya) transfer to (Minya – Minya Center). Al-Mutahara), and in (Ismailia – Abu Khalifa site) the conversion to (Ismailia – Al-Tall Al-Kabir – Al-Qantara Sharq), and in (Qena – Abu Tisht “Al-Qara”) the conversion to (Qena “Qus – Al-Waqf”).

She explained that with regard to units delivered within 36 months, citizens who are outside the priority in the previous announcement in (Alexandria – New Borg El Arab) can transfer to (Alexandria – New Borg El Arab), and in (Giza – New October) can transfer to (Giza – New October), and in (Fayoum – New Fayoum) the transfer to (Fayoum – New Fayoum), and in (Minya – New Minya) the transfer to (Minya – New Minya), and in (Bani Suef – “Bani Suef in front of Al-Shinwa – Sades Village.” ) Transfer to (Bani Suef – New Beni Suef), and in (Qalyubia – Al-Khanka) transfer to (Qalyubia – New Obour), and in (Sohag – “Al-Kawthar – Juhayna – Saqtala”) transfer to (Sohag – New Sohag), and in ( Assiut – “Assiut Center / Al-Ghanaim” transfer to (Assiut – New Assiut), in (Al-Sharqiya – San Al-Hajar) transfer to (Al-Sharqiya – 10th of Ramadan), and in (Al-Beheira – Damanhour) and (Matrouh – Alamein) transfer to (Alexandria). – New Burj Al Arab.

Mai Abdel Hamid said that the specifications of the advertisement include the necessity of not recovering the serious reservation deposit from the original advertisement, and that the conditions for a housing advertisement for all Egyptians 3 apply, and it is not allocated and has not previously been allocated a housing unit on the same original project applied for, and in the event that the number of applicants exceeds the number of available units. Priority is given to the married person and his dependents, including the widower/widow and his dependents, the divorced man/divorcee and his dependents. Priority is given to the youngest, and in the case of equal age, priority is given to the more numerous family. Second, is the married person, and priority is given to the youngest, and third is the single person, and priority is given to the youngest. With the possibility of making another announcement available in the event of an increase in the number of applicants. About the number of units offered in this supplementary announcement in the event that other housing units are available.

The CEO of the Social Housing and Real Estate Finance Support Fund confirmed that if the customer does not wish to submit a transfer request with this supplementary announcement, this is considered the customer’s refusal to continue booking with the original announcement, and the reservation is considered void, and the customer must recover the serious reservation deposit paid on the advertisement. The original, with the application of all provisions of the Social Housing and Real Estate Finance Support Law No. 93 of 2018, as well as all procedures, conditions and controls announced in the booklet of reservation conditions in the advertisement and the annex to the booklet of conditions, and considering them an integral part of the conditions for obtaining a residential unit in the project.

She indicated that citizens can learn about the most important information and developments by following the Fund’s digital platforms on social networking sites, which are represented by the Fund’s official page on Facebook through the following link, and the official page on YouTube through the following link: And the Fund’s official page via Twitter via the link www.twitter.com/shmffeg, the Fund’s official page via Instagram via the link www.instagram.com/shmffeg, the Fund’s official page via the Threads website via the link as well as the Fund’s website www.shmff.gov.eg, or Communicate with the complaints and suggestions platform through the link or by communicating through customer service centers, such as calling the phone numbers of the Fund’s customer service call center, which includes several numbers: 5999, 5777, or 1188 from any mobile phone, and 090071117 from any landline. Or by going to any of the customer service centers in city agencies/housing directorates.