The the Real Estate Development Fund today deposited 1.16 billion riyals into the accounts of beneficiaries of the “Sakani” program administered by the Ministry of Municipalities and Housing and the Real Estate Fund for the month of February 2025.
The Fund’s CEO, Mansour bin Madi, explained that the total February subsidy was allocated to support the profits from various Housing Support programs, noting that the deposit of housing support aims to bolster and enhance beneficiaries" ability to own homes in order to achieve the objectives of the Housing Program, one of the programs under the Kingdom’s Vision 2030.
Bin Madhi added that the Real Estate Development Fund is continuously working to develop financing solutions in partnership with financial institutions that enhance homeownership opportunities and help facilitate beneficiaries" journey toward owning suitable housing through a variety of financing and housing options.
It is worth noting that the Real Estate Development Fund provides housing support program services through more than 43 digital services via the Fund’s online portal, It also provides a real estate advisor service to enable beneficiaries to tailor their housing support and receive the best financing and housing recommendations.
