The Real Estate Development Fund announced today that it has deposited 1.016 billion riyals into the accounts of beneficiaries of the “Sakani” program, run by the Ministry of Municipalities, Housing, and the Real Estate Fund, for the month of February 2025.
The Fund’s CEO, Mansour bin Madi, explained that the total support for February was allocated to support the profits of various housing support programs, clarifying that the housing support deposit aims to improve the beneficiaries’ ability to own housing in line with the objectives of the Housing Program, one of the initiatives of Saudi Vision 2030.
Additionally, Madi stated that the Real Estate Fund continuously works on developing financial solutions in cooperation with financial institutions to enhance homeownership opportunities and facilitate the beneficiaries’ journey through various financing and housing options.
It is worth mentioning that the Real Estate Development Fund provides housing support services through more than 43 digital services on their electronic portal, offering the services of a real estate advisor to help beneficiaries design their housing support and obtain the best financing and housing recommendations.
