The meeting focused on execution timelines for low-income housing and the digital registration process for citizens seeking alternative housing under recent changes to the Old Rent Law.
Abdel Hamid reported that 788,000
units have been completed to date, with another 216,000 currently under
construction. An additional 36,000 units have recently been put up for tender.
The ministry is also prioritizing
sustainability through its Green Housing Initiative. Officials confirmed that 54,600
eco-friendly units for low-income earners are currently being developed across
two phases. Additionally, 28,000 middle-income units are under construction in
various governorates and new cities.
The Social Housing Fund has facilitated massive financial support for Egyptian homeowners:
Low-Income
Bracket: 670,000 beneficiaries have received 95 billion EGP in mortgages and 10.4 billion EGP in direct
cash subsidies via 22 banks and eight finance companies;
Middle-Income Bracket: 13,300
beneficiaries received 4.7 billion EGP in financing.
El-Minshawi ordered the
intensification of field visits to construction sites to ensure delivery
remains on schedule and meets high technical specifications.
The Minister also reviewed the digital registration of tenants currently under the Old Rent legal framework. Applications for alternative housing are being accepted via the Digital Egypt platform until April 12. She directed the ministry to launch awareness campaigns and provide technical support to ensure citizens can register their data accurately, as the state moves to finalize a comprehensive database for the transition.