The Real Estate Development Fund announced today the deposit of one billion and 60 million riyals in the accounts of the beneficiaries of the Housing Support program from the Ministry of Municipalities and Housing and the Real Estate Fund for June 2025.

Real Estate Fund CEO Mansour bin Madi explained that the total support for the month of June was allocated to support the profits of the contracts of the various housing support programs, with the aim of supporting and improving the beneficiaries“ ability to own housing, to achieve the objectives of the housing program, one of the programs of Saudi Vision 2030.

He called on the beneficiaries of the ”Self-Build” and ”Land and Loan" programs to take advantage of the new mechanism for disbursing financing payments that will enable them to address the challenges facing them to complete the stages of building their homes, pointing out that the mechanism allowed beneficiaries who exceeded 36 months and did not complete the stages of building their homes to continue building in proportion to their needs, and return housing support to them retroactively after disbursing the financing payment in accordance with controls and conditions that ensure the continuity of housing support until the readiness and ownership of housing is achieved.

The mechanism allows beneficiaries who exceeded 36 months and did not complete the stages of building their homes to continue building in a way that suits their needs. It is noteworthy that the Real Estate Development Fund provides the services of the housing support programs electronically through the Fund's electronic portal, in addition to the ”Real Estate Advisor" service; to enable beneficiaries to design their housing support and obtain the best financing and housing recommendations.