New Phase of "Housing for All Egyptians" Units Launched
As part of the state's ongoing efforts to provide adequate and affordable housing for low- and middle-income citizens, the Media Center of the Council of Ministers announced the launch of new residential units under Phase 7 of the "Housing for All Egyptians" initiative. The announcement came via a series of infographics shared on the government’s official digital platforms.
Strong Public Demand Reflects Initiative’s Success
This new offering comes in response to the growing public demand for the initiative, reflecting the state’s success in achieving its goal of delivering integrated residential communities under a comprehensive strategy to improve living standards. The program also includes financing and procedural facilitations tailored to the needs of target groups.
Details of the New Offering
The booklet outlining terms and conditions for Phase 7 has been available since July 15. This phase includes approximately 113,100 residential units, with sizes ranging from 75 to 90 square meters. Of these, around 54,800 units are part of the green housing program. Priority will be given to applicants from Phase 5.
Applications and down payments will be accepted starting July 28, 2025, through digitized post offices. The booking deposit is set at EGP 25,000 for ready-to-deliver units and EGP 50,000 for units under construction, which are expected to be delivered within 36 months.
Contracts will be based on the mortgage financing system for up to 20 years, with an annual interest rate of 8% for low-income applicants and 12% for middle-income applicants.
Achievements as of May 2025
Data shows the initiative has successfully allocated housing units to around 633,500 low-income citizens, with government support totaling EGP 10.3 billion. The state covered 50% to 60% of unit costs. Approximately 753,100 units have been completed out of a planned one million, with an additional 303 units under construction.
For middle-income groups, 9,600 units have been allocated, backed by EGP 3.3 billion in support. Over 27,000 units were offered, with 4,100 completed and 23,800 still under construction.
Key Performance Indicators
Since its launch, the initiative has attracted 2.2 million applicants. The latest announcement in 2024 saw a significant increase in applications—589,000—compared to just 19,000 in the first phase.
Regarding demographics, 24% of beneficiaries are women, while 76% are men. Freelancers make up 23% of the total beneficiaries. The number of banks and financial institutions involved in the initiative has grown to 31, up from just four at the start.
Strong Public-Private Partnership
The private sector plays a major role in the initiative's execution. More than 2,000 contracting companies are involved in building the units, resulting in approximately 4 million direct and indirect job opportunities. This has amplified the initiative’s positive impact on the national economy.
International Recognition of Egypt’s Efforts
The "Housing for All Egyptians" initiative has garnered widespread international praise. The World Bank recognized it as Egypt’s first national green social housing initiative, and possibly the first of its kind in the region, aiming to provide sustainable and affordable housing for low-income families.
Fitch Ratings highlighted the government's determined steps to address the persistent housing shortage and its continued support for the social housing sector. The Alliance for Financial Inclusion (AFI) praised the initiative for turning a complex housing challenge into a national success story.
According to the infographics, the initiative has helped reduce informal housing from 40% to 25%, boosted the real estate market by 12%, and contributed 1–2% to Egypt’s GDP.
