November support. More than one billion riyals deposited in the accounts of beneficiaries of the housing subsidy program

Deposit of SAR 1.058 billion to support beneficiaries of the housing subsidy program in November 2023 to promote home ownership.

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The Real Estate Development Fund deposited on Monday in the accounts of the beneficiaries of the monthly support programs about one billion and 58 million riyals for the month of November, and this financial support comes to enhance the ability of the beneficiaries of these programs to own housing. The Real Estate Development Fund, beneficiaries of the housing support programs from the Ministry of Municipalities and Housing and the Real Estate Fund, as a financing solution that helps beneficiaries choose from a number of options for residential ownership, in accordance with the targets of the Kingdom's Vision 2030 to increase the ownership rate to 70% in the coming years.

According to Real Estate Development Fund, the total housing support for beneficiaries of the support programs since January 2025 until now reached 11.4 billion riyals, and the November incentive was allocated to support the profits of the contracts of the various housing support programs.

The November incentive was allocated to support the profits of the contracts of the various housing support programs.