Ministry of Housing confirms that the housing subsidy program is designed with the applicant as the sole beneficiary

Posted in

Sources confirmed that the housing support program was designed to be implemented by the applicant as the sole beneficiary of the support to avoid entering the black market, and the Ministry of Housing explained that the program offers land to citizens at attractive prices compared to the prices of other commercial lands.

The Ministry of Housing explained that the program offers land to citizens at attractive prices compared to the prices of other commercial lands. The Ministry pointed out that the housing subsidy was applied to the citizen from the Ministry for two and a half years, then amended after the approval of the Supreme Council to suit the circumstances of the applicants to be accepted within the program.

In another direction, the ministry revealed that the suspension of white land fees in the regions is linked to the achievement of balance, confirming the application of the system in all regions of the Kingdom and on the lands specified in the regulation until the required balance is achieved between the lands and reach an appropriate stock of them.

With regard to the conditions of the white land fees, the ministry revealed that they will be applied in all regions of the Kingdom. With regard to the lending conditions of the Real Estate Fund, the Ministry indicated that they are updated from time to time to suit the needs of the citizen by the Board of Directors of the Fund, which is chaired by the Minister of Housing and the membership of a number of government agencies.

The Ministry revealed that the suspension of white land fees in the regions is linked to the balance.