<In a move aimed at improving the standard of living and enhancing the ability to own property, the Real Estate Development Fund launched the Tamkeen Program a few days ago. This program allows beneficiaries of the Housing Program to extend their mortgage payments for 30 years, which is a major shift in the Kingdom's real estate landscape.

The launch of the program comes with the launch of the Fund. <The Fund's launch of the Tamkeen Program comes as a new strategic step aimed at enhancing the ability of citizens to meet their financial obligations, and is an embodiment of the Saudi Vision 2030, as it contributes to achieving financial stability and promoting adequate housing opportunities for all families. In this report, we will review the eligibility requirements for the Tamkeen program.

Conditions of Entitlement

1. In order for citizens to benefit from the Tamkeen program, they must meet some conditions set by the Real Estate Development Fund, including:
2. The beneficiary must be of Saudi nationality.
3. The applicant must be at least 21 years old.
4. The applicant should not own any current housing unit at the time of application.
5. Compliance with the conditions for prior housing support.
6. Beneficiaries can register for the program through the official website of the Real Estate Development Fund or through the Sakani platform.