Assistant Vice President of the New Urban Communities Authority (NUCA) Kamal Bhagat has inspected work on 936 low-income social housing units in west Cairo's 800-acre neighborhood, New 6th of October City, calling for a sharp jump in efforts for completion before the scheduled date in September 2021.

The Central Bank of Egypt (CBE) has been given the green light to extend EGP 30 bn, partly borne by the finance ministry, for subsidizing the execution of 250,000 social housing units nationwide until 2023.

Egypt's social housing program has successfully provided residences for 275,000 families, in collaboration with 29 banks and mortgage companies, at a total financing value of EGP 27 bn and a subsidized cost of EGP 4.3 bn, up to last October

The Social Housing and Mortgage Finance Fund has unveiled the 12th announcement of residential units, offering several ready-for-delivery units worth EGP 197,000 each across Egypt, as part of its Lower Egypt and Canal Zone Development Initiative

The Ministry of Housing handed over on September 28 the first batch of social housing units in New Aswan to beneficiaries, presenting 1,506 out of the total 3,951 properties allocated to low-income citizens.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 1,632 social housing units, within 68 buildings, are 70% completed in New Akhmim, Sohag Governorate, as part of the state's efforts to provide affordable housing to low-income citizens

West Cairo's New October City and October Gardens will shortly have a total of 147,680 social housing units completed, as part of the state's social housing project, which aims to provide adequate, affordable homes.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 984 social housing units, within 41 buildings, are nearly completed in Egypt's southern city of New Sohag.

Egypt's housing ministry is on the verge to finalize 648 social housing units, within 27 buildings, in New Assiut, as part of the state's plan to provide affordable housing to low-income citizens.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said 3,744 social housing units, within 156 buildings, are completed in New Sohag.