Abdel Hamid delivered a presentation on the Egyptian experience in providing suitable housing for low-income citizens and participated in a dialogue session to answer attendees' inquiries.
She reviewed Egypt's pioneering
experience in the social housing program, which aims to expand housing projects
and respond to the diverse needs of local communities. She highlighted the
Fund's success in completing 725,000 housing units for low-income individuals
and 33,000 units for middle-income individuals, providing decent housing for
over 3 million citizens through innovative financing mechanisms and cash
support.
Abdel Hamid emphasized the
importance of measuring the social impact of projects, assessing residents'
quality of life by examining the proximity of housing to work and essential
services, noting that housing units are located no more than 45 minutes away
from workplaces. She explained that the Fund adopts a participatory approach
involving citizens in evaluating the quality of implementation through field
visits and communication channels for receiving complaints and feedback.
She indicated that 48% of beneficiaries are from the private sector, 29% from the government sector, and 23% are self-employed, while the percentage of female beneficiaries reached 24%, and the program contributes to reducing informal housing by 85%.