SHMFF’s Chairman Explores Success of Housing for All Egyptians Initiative

She notes that the World Bank supported the completion of 612,000 housing units since 2014, adding that around 250,000 units are under construction through the SHMFF.

Social Finance Fund’s Head Participates in Green Building Financing Symposium in COP27

During the event held on the sidelines of the UN Climate Change Conference (COP27), Abdel Hamid notes that building eco-friendly green housing units has been a huge dream domestically due to the great benefit it o ...

New Real Estate Financing of EGP 100 bn for Low and Middle Income Announced

A new real estate finance initiative of EGP 100bn- allocated for low and middle incomes- is announced, confirms Mai Abdel Hamid, head of Social Housing and Mortgage Finance Fund

SHMFF Attempts to Automate its Real Estate Financing Services

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 digit ...

125,000 fully finished Units See Tremendous Demand: Al-Gazzar

Assem Al-Gazzar, Minister of Housing, Utilities and Urban Communities, has stated that there is a tremendous demand on reserving the 125,000 fully finished housing units, Invest-gate reports.

SHMFF Agrees to Offer 125,000 Housing Units Across Egypt

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 pha ...

Cabinet Nods USD 500 mn World Bank Housing Facility Extension

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 Financ ...

Gov’t Offers 768 Social Housing Units for COVID-19 Care

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.

Egypt’s Social Housing Program Costs EGP 243 bn: Minister

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.

Gov’t Extends Deadline for Applicants of Units in New Cities

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar announced a two-month extension period for applicants who applied for the residential units previously provided in a number of new cities to co ...

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