Umm Al-Qura newspaper reveals details of the amendments to the housing subsidy organization

Government amendments lower eligibility age to 20, eliminate dependency requirement, and limit subsidy disposal to five years
Mersiya View - North Riyadh - Residential Projects

Posted in

The official gazette “Umm Al-Qura” revealed that the Council of Ministers approved amendments to the organization of housing support, including several organizational aspects that facilitate entitlement procedures and expand the segment of beneficiaries.

According to the new amendments in the organization of housing support. According to the new amendments to the Housing Support, the age of eligibility for housing support for the head of the family has been reduced to 20 years instead of 25 years, which means giving young people a greater opportunity to own a home early in their lives, reflecting the state's support for young groups and incentivizing them to family and community stability.

The amendments also included the elimination of the condition of the housing subsidy. The amendments also included the elimination of the condition of dependency from the wife and divorced mother, which opens the door for all citizens, men and women, to obtain housing support equally, regardless of marital status or dependency responsibilities, as part of the state's endeavor to achieve equality and promote women's empowerment.

Also, the amendments included the elimination of the condition of dependency from the wife and divorced mother.

Additional amendments support flexibility and prevent manipulation

According to the text of the amendment published by the newspaper, paragraph (4) of Article 18 of the Housing Support Regulation has been revised to read as follows:

"It is not permissible to dispose of the housing subsidy with or without compensation until five years have passed from the date of signing the housing subsidy contract and paying the financial installments in full."

This amendment is a reduction of the previous period of 10 years, giving beneficiaries greater flexibility in managing their real estate and financial options within a shorter period of time, while maintaining their obligations to the state.

The amendments also allow beneficiaries to manage their real estate and financial options within a shorter period of time. The amendments also allow the competent authority to review the duration of a divorced woman's entitlement to housing support in coordination with the relevant authorities, providing more space to assess individual cases based on real-life developments and the circumstances of the beneficiaries.

The amendments also allow the competent authority to review the duration of a divorced woman's entitlement to housing support in coordination with the relevant authorities.

Stress on data accuracy and recovery of support when manipulated

Within the new regulatory framework, the need for correct information and data provided by beneficiaries has been emphasized, with the right of the competent authorities to recover the amount of housing support, unit or land if it is proven that inaccurate or false information has been provided, reflecting a strict approach to limit any manipulation or exploitation of the systems.

Recovering the amount of housing support, unit or land in the event of inaccurate or false information.

Considered decisions based on government recommendations

The amendments came after a series of government reviews, including:

The transaction received from the Royal Court No. 88929 dated Dhu al-Hijjah 9, 1445 AH.

Letter from the Minister of Municipal and Rural Affairs and Housing No. 4501061944 dated Dhu al-Hijjah 3, 1445 AH. <Memorandum No. 2302 dated 25 Jumada Al-Thani 1445 AH and Memorandum No. 2500 dated 12 Rajab 1446 AH. <Recommendation of the Council of Economic and Development Affairs No. 9-2/46T dated 14 Sha'ban 1446H. <Recommendation of the General Committee of the Council of Ministers No. 11457 dated 27 Dhu al-Qa'dah 1446 AH.

Positive implications for the housing market

Observers believe that these amendments will contribute to enhancing the efficiency of housing support and expanding the beneficiary base, especially by allowing younger heads of household to apply, and achieving greater social justice by removing dependency restrictions.

Reducing the duration of the housing subsidy disposal ban to only five years is a direct response to the economic and social changes that have taken place in Saudi society and gives beneficiaries greater flexibility in making their housing and financial decisions.