Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, states that next Thursday, September 9, is the last opportunity to reserve housing units offered by the Social Housing and Mortgage Finance Fund (SHMFF), as part of the "Housing for All Egyptians 2" initiative.

Assem El Gazzar, Minister of Housing, Utilities, and Urban Communities, declares that 74,000 conditions handbooks have been withdrawn to reserve housing units in the presidential initiative “Housing for All Egyptians 2,” and 14,500 citizens have paid the reservation advances.

The Board of Directors of the Social Housing and Mortgage Finance Fund (SHMFF) has approved a guide for judicial procedures and dealing with violations of the Social Housing Law

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has emphasized the need for adherence to deadlines and continuous follow-up on the construction of housing units in the “Residence for all Egyptians” initiative.

The Social Housing and Mortgage Finance Fund (SHMFF) has signed a cooperation protocol with the Ministry of Communications and Information Technology to automate its services, in a move aimed at developing a digital real estate financing system.

The Board of Directors of the Social Housing and Mortgage Finance Fund (SHMFF) has approved the offering of 125,000 residential units (100,000 social housing and 25,000 middle-income housing units), as part of phase I of President Abdel-Fattah El-Sisi's initiative to provide homes for all citizens.

Egypt's Cabinet has ratified a USD 500 mn (EGP 8 bn) extension to a World Bank (WB) facility, as part of a program to improve access to low-income housing and bolster the state’s Social Housing and Mortgage Finance Fund (SHMFF).

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar has mandated the provision of 768 social housing units in Minya and Fayoum as temporary isolation housing or wards for Coronavirus patients.

The Social Housing and Mortgage Finance Fund (SHMFF) launches its official Facebook page on May 16, Invest-Gate reports.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar said a total of EGP 243 bn is required to implement Egypt's Social Housing Program, which involves the establishment of 1 mn units.