Real Estate Development Fund today announced the deposit of 1.074 billion riyals into the accounts of beneficiaries of Housing Support Program from the Ministry of Municipalities and Housing and the Real Estate Fund, for the month of August 2026.

It was clarified that the total subsidy for July was allocated to support profits from contracts under the Housing Support programs, to empower beneficiaries and improve their ability to own homes, in line with the objectives of the Housing Program—one of the Saudi Vision 2030 initiatives, noting that the total amount deposited into the accounts of Housing Support Program beneficiaries from January of this year (2026) through August amounted to eight billion, six hundred twenty-eight million riyals.
The Real Estate Development Fund provides housing support services through the Fund’s online portal, in addition to the “Real Estate Advisor” service, which enables beneficiaries to tailor their support plans according to the best financing and housing recommendations.

Since its establishment in 1974, the Real Estate Fund has enabled more than 1,800,000 families to acquire their first home and has contributed to raising the homeownership rate among citizens to 66.24%, and the Fund continues to play a leading role in enabling families to own suitable homes, by developing innovative financing solutions in collaboration with financial institutions and real estate developers; thereby facilitating the home-ownership journey and expanding the range of financing and housing options tailored to beneficiaries’ needs.