Osaimi pointed out that the transformation of the Real Estate Development Fund into a financial institution contributes to increasing the financing of loans for citizens, and serving all those on the waiting lists of about 500,000 people. Al-Osaimi pointed out that the transformation of the Real Estate Fund into a financial institution contributes to increasing the financing of citizens“ loans, serving all those on the waiting lists of about 500,000 beneficiaries in a short period of time, as well as future generations.
Al-Amoudi said that the amount of financing provided by financial institutions to the Fund's beneficiaries ranges from 26 billion riyals to 28 billion riyals for 40 thousand beneficiaries.
Amoudi said.
Real Estate Fund: 40 thousand citizens were financed during the current year
In another formulation, Khaled Al-Amoudi, General Supervisor of the Real Estate Development Fund, said:
40,000 citizens have received real estate financing since the beginning of this year. 15% for self-building services.
Amoudi emphasized that 40,000 citizens have received real estate financing since the beginning of this year. <Al-Amoudi emphasized that the Fund is committed to financing 80,000 families during the next phase. The Fund's waiting list amounted to half a million citizens, in addition to one million and 100 thousand in the housing list.
Al-Amoudi said that the volume of the Fund has reached half a million citizens. Al-Amoudi said that the amount of money in the market by the fund amounts to 156 billion riyals as loans.”
Amoudi said that 25 billion riyals have been collected. <25 billion riyals have been collected. <There is a program to enable citizen financing, in cooperation with banks on available grant lands, by the Ministry of Housing starting next year. <The General Supervisor of the Real Estate Fund emphasized that the Fund is with the citizen in demanding the improvement and development of services, and there is a good response.
