Saturday, May 13, 2023 10:05 AM
The government continues its efforts to provide adequate housing for citizens, especially the low-income segments, by expanding social housing programs and supporting real estate financing, as the government statement for the draft general state budget for the new fiscal year 2023/2024 submitted to Parliament revealed an increase in social housing support allocations by about 104%. Whether for cash support or utility support.
The plan for the new fiscal year in the field of social housing aims to complete about 60,000 units, complete the construction of 116,000 apartments, and start implementing another 130,000, in addition to transferring and transferring drinking water and sanitation facilities that conflict with national projects for roads, bridges, electric trains, monorails, and the subway.
The plan also includes the completion of the construction of 530 residential buildings to provide units for low-income people, and the completion of the construction of 17 developmental communities in North Sinai and 9 other communities in South Sinai, according to a report by the Ministry of Planning.