The number of households benefiting from the subsidized mortgage loan for the self-build option under the \u201cSakani\u201d during the first half of this year reached 34,891 families. This is part of the program\u2019s efforts to facilitate home ownership for Saudi families and enable those who own land to build their own housing units; according to their preferences and needs. This continues the \u201cSakani\u201d program\u2019s efforts to enable Saudi families to own homes in line with the objectives of the Housing Program\u2014one of the programs under the Kingdom\u2019s Vision 2030 \u2014to achieve a homeownership rate of 70% by 2030.
The total number of households benefiting from \u201cSakani\u201d during the first half of this year reached 111,568, which took advantage of various financing solutions and housing options; of these, 87,896 households have moved into their homes, The program continues to facilitate homeownership options and services through the \u201cSakani\u201d website and app via simple and accessible procedures, which include ready-to-move-in and under-construction residential units, self-build projects, and residential land.
To qualify for a subsidized loan for self-construction, a citizen must be eligible for housing assistance and own residential land, a valid building permit, a steady income that enables them to obtain the loan, and that they have not previously received housing assistance. For full details on how to take advantage of the self-build option, please visit https:\/\/sakani.housing.sa\/product\/SC.
It should be noted that the Sakani program provides architectural design services to beneficiaries who wish to build on their land; the \u201cSakani\u201d website and app a service for selecting from a wide variety of high-quality, competitively priced model designs, in partnership with a number of experienced and competent engineering firms in this field. This service offers more than 36 distinctive designs that prioritize quality and incorporate modern styles, to meet the diverse needs and requirements of citizens wishing to build on their land\u2014specifically those who have chosen the self-build option\u2014thereby making the process easier for them and enabling them to access innovative model designs for residential units, in addition to the \u201cCertified Contractor\u201d service to facilitate the implementation of engineering designs for \u201cself-build\u201d beneficiaries.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>The number of households benefiting from the subsidized mortgage loan for the self-build option under the \u201cSakani\u201d program during the first half of this year reached 34,891 families. This is part of the program\u2019s efforts to facilitate home ownership for Saudi families and enable those who own land to build their own housing units in accordance with their wishes and needs, continuing the \u201cSakani\u201d program\u2019s efforts to enable Saudi families to own homes \u2026 Read 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