Real Estate Fund deposits SAR 1.098 billion for September housing support

The Real Estate Development Fund announced on Monday the deposit of 1.098 billion riyals (SAR) into the accounts of beneficiaries of the Housing Support Program from the Ministry of Municipal, Rural Affairs and Housing and the Real Estate Development Fund for September 2026.

The Fund stated that the total support for September was allocated to subsidize the profits of various housing support contracts, aiming to empower beneficiaries and enhance their ability to own homes. This initiative supports the objectives of the Housing Program, part of Saudi Vision 2030. The Fund added that the total amount deposited into beneficiaries' accounts from January to September 2026 has reached 9.726 billion riyals.

The Real Estate Development Fund provides housing support services through its electronic portal, in addition to the "Real Estate Advisor" service, which enables beneficiaries to build their support pathways based on the best financial and housing recommendations.

Since its establishment in 1974, the Real Estate Development Fund has enabled more than 1,800,000 families to obtain their first home and has contributed to raising the homeownership rate among citizens to 66.24%. The Fund continues its leading role in empowering families to own suitable homes by developing innovative financing solutions in cooperation with financial institutions and real estate developers, helping to facilitate the homeownership journey and expand the range of suitable financial and housing options for beneficiaries.