Sheikh Khalifa sets up Abu Dhabi Housing Authority
New body will oversee delivery of affordable homes for UAE citizens
A new housing authority has been set up to deliver affordable housing for citizens in Abu Dhabi.
UAE President HH Sheikh Khalifa bin Zayed Al Nahyan has issued a new law setting up the authority, which will be overseen by Abu Dhabi's Crown Prince, Sheikh Mohammed Mohammed bin Zayed Al Nahyan.
He said: "Our focus on provision of housing and decent life to citizens has never been a gradual process.
"We have mobilised huge potentials and pumped tremendous investment into housing projects for citizens with the aim of creating a fertile ground to develop our community and ensure that its members benefit from development the country is currently witnessing in delivery of qualitative housing.
He added: "We believe that these housing initiatives will help build a prosperous future for the generations to come."
Meanwhile, Sheikh Hazza bin Zayed Al Nahyan has been appointed as chairman of the Authority. He described it has a vital initiative aimed at creating a database of those requiring either loans, plots or low-cost houses.
The director-general of Abu Dhabi Crown Prince's Court, Jabr Mohammed Ghanem Al Suwaidi, will serve as deputy chairman.
The board will oversee the development of new affordable housing, as well as the logistics and infrastructure work needed to implement them.