The Real Estate Development Fund invited the beneficiaries of the self-construction Submit a certificate of completion of construction for the continuity of housing support, according to press sources that this decision will not apply to the previous beneficiaries of the ready-made homes product and the existing loan, and the Fund is currently seeking a number of partnerships with financing bodies to finance real estate developers in order to pump housing units in the market during the coming period.
<According to official data, before the expiration of the construction period, as stipulated in the financing contract, the Fund notified the beneficiaries of self-construction who have completed three years from the date of signing the financing contract, with reminder letters emphasizing the importance of quickly obtaining the certificate of occupancy. According to the data, if the beneficiary of the self-construction product does not comply with the specified period of completion of the housing construction phase, the housing subsidy will be suspended until the certificate of occupancy is issued and submitted to the fund by visiting its website. The issuance of the certificate of occupancy, which is obtained from Baladi, is a document that confirms that the self-construction beneficiary has started the stages of building his home and completed it in accordance with engineering and technical standards, stressing the Fund's keenness to complete the construction of the homes of “self-construction” beneficiaries within the time period specified during the signing of the financing contract.








