Ramsco's Women Empowerment Initiative Recognized Among Top BRICS Businesswomen Practices for 2025    Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    Gold prices end July with modest gains    Pakistan says successfully concluded 'landmark trade deal' with US    Egypt's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Rafah Crossing 'never been closed for one day' from Egypt: PM    I won't trade my identity to please market: Douzi    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt's EHA, Huawei discuss enhanced digital health    Egypt, Oman discuss environmental cooperation    Egypt's EDA explores pharma cooperation with Belarus    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



More social housing units for youth in 6th of October City
Officials from the 6th of October City council have been assigned to map empty land spaces in the city and choose suitable locations for new constructions
Published in Daily News Egypt on 07 - 06 - 2015

The Ministry of Housing is building more social housing units in 6th of October City to meet a spike in demand on housing from low-income young people, Minister of Housing Mostafa Madbouly said Sunday.
Madbouly indicated that officials from the 6th of October City Council have been assigned to locate all empty lots in the city and choose suitable locations for the units to be constructed.
Further, on Saturday, a statement from the ministry indicated that 13,000 residential units with an area of 90 metres each will be available for reservation starting from 26 July until 16 August.
The units that will be offered from July to August are also part of the 1m residential units project, and have been implemented through a grant from the UAE.
Those benefiting from the new offering must be no younger than 21 years old, and no older than 50. Applicants should also be of low-income, whereby the family's total income should not exceed EGP 3,000 monthly, while an individual's income does not exceed EGP 2,250.
The Social Housing Programme is sometimes referred to as the 1m units project, and is different from UAE-based company Arabtec's 1m residential units' project, which was announced in March 2014.
The national project was announced by Mubarak's last housing minister, Ahmed Al-Maghrabi. The project was initially announced during the 25 January Revolution, urging people to apply, but the minister made no mention of the conditions.
The fourth phase of applying for the programme was launched in February, according to Madbouly. However, only 57 units of the project have been handed over to citizens, according to the Egyptian Initiative for Personal Rights (EIPR). This is out of 13,000 units that should have been handed over as the first phase of the project.
The post-revolution government announced the project's implementation in July 2012. Construction was projected to last five years, from fiscal year (FY) 2012/13 to FY 2016/17, with an average of 200,000 units expected to be constructed each year.
According to the study, the number of applications had exceeded 6m requests in August 2011, the government said at that time, closing the application phase. The period of the project was five years, with the units to be built by the public sector.
The Supreme Council of the Armed Forces (SCAF) had directly supported the project after its announcement, as the Engineering Corps had built the first phase, consisting of 160,000 units in 2012.
The EIPR study however criticised that after three years of adopting the project, some details remained undefined. These include: the number of units that will be established in each governorate; the percentage of implementation; and the specifications of the units.
The government delivered just 11% of its project target in fiscal years (FY) 2012/13 and 2013/14, according to the EIPR. The budget allocation for the project in the FY 2014/15 state budget amounts to EGP 9.5bn in total.
In November 2014, the Social Housing Fund was established, under the Ministry of Housing, and is responsible for imposing the general policies of constructing and managing the units. It will also be responsible for financing the project from the budget allocations and sales revenues.


Clic here to read the story from its source.