Housing reveals the conditions and criteria for the eligibility mechanism
\nSubmission after more than a month and the names of the eligible applicants will be published in Shawwal next month, according to the conditions.<\/p>\n
\u2022\tObtaining housing or land associated with their availability at the place of submission
\n\u2022\tStressing on not disposing of the unit unless the owner is a 10-year-old child and paying the value thereof.
\n\u2022\tAffordable financial installments for the beneficiaries of housing
\n Riyadh-Property
\n The Ministry of Housing revealed the details of the housing entitlement mechanism during a press conference held recently in Riyadh, and Minister of Housing Dr. Shuyush bin Saud Al-Tuhihi explained that applicants previously seeking a mortgage loan from the Real Estate Development Fund \u2013 subject to the condition of land \u2013 have two options: staying on the current application until the loan is due, or giving up the application and applying to the housing support program, which, while applicants without the land condition must apply to the new program (Housing), in both cases, the applicant retains the priority of application points.
\nSubmission after 58 days
\n Housing Minister Dr. Shuyush bin Saud Al-Tuhihi explained that the ministry will resort to more than one authority to verify the ownership of the housing for applicants through the new platform, while also seeking to take advantage of the housing ownership registration program and physical registration if completed. Regarding the calculated value of the developed land, the minister indicated that it will be added to the land value, if the citizen chooses the product
\nThe application process begins 58 days after registering on the Eskan portal (www.eskan.gov.sa), according to the announced conditions, within the housing support program that includes 25 items. In the month of Jamadi al-Awal, the verification of data begins in Rajab month, and SMS messages will be sent to applicants during the month of Shawwal next month, after which applications will continue at any time according to the announced conditions.
\n25% of the loan value (or the value of the residential unit) will be deducted from the applicant\u2019s monthly salary, while the ministry has set the value of the residential unit \u2013 within the projects it is constructing \u2013 at 500,000 riyals, while the value of the land \u2013 within the land and loan projects \u2013 ranges between 50,000 to 150,000 riyals according to three levels: the first is 75,000 to 100,000 riyals, and 150,000 riyals for residential land with a total area of 350, 375, and 400,000 square meters, respectively.. Second section: 100,000 riyals or 125,000 riyals for residential land with an area of 400 square meters, or 500 square meters or more respectively.. Third section: 50,000 riyals for land with an area of 500 square meters or more.
\nDeveloped land
\nThe Ministry of Housing indicates that the value of the developed land, paid by the citizen, will be injected into lending to others, and the Board of Directors of the Real Estate Development Fund determines the cities, governorates, and centers covered in each of the aforementioned sections.
\nThe ministry has identified its supported products as follows (a residential unit, a loan, land, or a loan and land): Those who obtain a real estate unit (land or housing) are required to not dispose of it until 10 years have passed, and to pay the full installments due on the unit.
\nThe Minister of Housing said that the \u201cHousing\u201d support plan issued by the Council of Ministers recently aims to facilitate Saudi families\u2019 ownership of state-subsidized housing products; this mechanism contributes to selecting the appropriate housing that meets the needs of Saudi families and achieves the state\u2019s policy of providing housing support to those eligible.
\nPackage of conditions
\nThe ministry stated that the approval of the mechanism confirms the King Salman bin Abdulaziz Al Saud government\u2019s keenness on meeting the aspirations of citizens to provide suitable housing for all those eligible, as the mechanism diversified the housing support to suit the different needs of Saudi families, and the products range from residential units; land; loans; or loans and land together.
\nThe ministry unveiled a package of conditions that the mechanism included to accept the entitlement application, namely that the support be directed to a family composed of one of the following groups: a couple consisting of a husband and wife, a husband and wife and one or more children, a father and one or more children, a mother and one or more children, two or more brothers in the event of the parents\u2019 death, one or more brothers in the event that the mother is not a Saudi national and the father is deceased; or they were the only family member.
\nThe organization requires that the applicant for the family be a Saudi national; the Ministry indicated that the applicants who meet the requirements for obtaining housing support are ranked according to the priority criteria of the eligible applicants, which are the criteria that determine the priority points of the family for the organization of housing support; these include the applicant\u2019s financial status and that of his\/her family, the applicant\u2019s age, the number of family members, the applicant\u2019s marital and health status, as well as the priority of submitting the application.
\nA gateway to the mechanism
\nThe Ministry will launch a special electronic portal for the eligibility mechanism to verify all the data entered by applicants for the housing support in accordance with the criteria and conditions stipulated by the eligibility mechanism. This portal is linked to all relevant authorities that have information that can help determine the family\u2019s status and its need to receive the housing support, and not limited to the priority of submitting the application.
\nThe ministry indicated that this portal, approved for submitting applications for housing support and completing data, will be launched after sixty days under the regulation.
\nAffordable financial installments
\nTo ensure the continuation of housing support for future generations, the approved organization indicated that all forms of housing support will be provided in affordable financial installments and the financial installment to be paid by the beneficiary has been determined. It also adopted that the provisions of the organization shall apply to all housing loan applications submitted to the Real Estate Development Fund, except for applications submitted to the Fund whose owners have numbers prior to July 23, 1432 AH; these will be treated in accordance with the procedures in effect before the implementation of this organization, and the Fund shall allocate the necessary funds from its current capital.
\n The family must be resident in the Kingdom of Saudi Arabia; the applicant must be 25 years of age or older; none of the family members must own an appropriate dwelling or have owned one within the five years preceding the date of application; and no member of the family must have previously owned a dwelling under a government-sponsored, private-sector-sponsored, or subsidized housing program.
\nThe application is submitted by the man (husband or father) or by the woman (wife or mother who supports her children, such as a widow or divorced woman who has been divorced for two years), or by the brothers and sisters of a deceased parent who are related to them, or by someone who legally represents them.
\nIt also requires the continued availability of all the above-mentioned conditions from the time the application is submitted until the allocation of the housing support; therefore, if the family meets all the conditions when submitting this application, it does not necessarily mean that they will receive the housing support; it is necessary for the conditions to continue to be met until the housing support is allocated to them.
\nAn applicant who has an existing application and an official waiting number in the Real Estate Development Fund (\u201cprovided they own the land\u201d) has several options, including choosing between continuing with the Real Estate Development Fund program or giving up their application and joining the Housing Support Organization. In the case of giving up, the date of submission of their previous application is taken into consideration.
\nThe applicant who has an existing application through the Real Estate Development Fund (\u201cwithout the condition of owning the land\u201d) will have his\/her application directly included in the applications for the organization of housing support; the date of submission of the previous application will be taken into account. The applicant who has not previously applied to the Real Estate Development Fund will have his\/her application included in the applications for the organization of housing support when submitted on the \u201cEskan\u201d portal (www.eskan.gov.sa), provided that he\/she meets all eligibility requirements.
\nThe applicant who receives a land grant from the Ministry of Municipal and Rural Affairs is only entitled to the loan product if all eligibility requirements are met.
\nAs for the steps that must be followed by applicants who meet the requirements, the applicant must register their personal public information and information about the property they own, as well as register their current housing information, specifying the preferred housing support they require, whether it be a housing unit, a loan, land, or a loan and land, and the information required about the family, spouse, and children, as well as information about dependents.
\nIt is reported that the \u201cEskan\u201d portal is designed in a way that allows for a high degree of simplicity and transparency, and a unified contact number (920002431) has been allocated to answer citizens\u2019 inquiries.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> 4<\/span> Minutes<\/span><\/span>Housing reveals the terms and criteria of the eligibility mechanism. The application will be submitted after more than a month and the names of the eligible applicants will be announced next Shawwal. According to the terms \u2022 Obtaining a housing unit or land linked to their availability at the place of application \u2022 Emphasis on not disposing of the unit except by a person aged 10 years and paying the value \u2022 Affordable financial installments for the beneficiaries of housing Riyadh-Amalok The Ministry of Housing \u2026 Read more<\/a><\/p>","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[100],"tags":[],"class_list":["post-1636","post","type-post","status-publish","format-standard","hentry","category-residential"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","trp-custom-language-flag":"","event-thumbnail":"","event-medium":"","event-large":"","event-hero":""},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u0633\u0643\u0646\u064a<\/a>","tag_info":"\u0633\u0643\u0646\u064a","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/1636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=1636"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/1636\/revisions"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=1636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=1636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=1636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}