UAE approves $182m housing support for citizens
The UAE’s Sheikh Zayed Housing Programme has approved $182.4m (AED670m) in housing support for 1,080 citizens
The UAE’s Sheikh Zayed Housing Programme has announced that it has approved $182.4m (AED670m) in housing support for 1,080 citizens.
The decision was announced by the programme’s board of directors at a meeting held at the project site of the Umm Al Quwain Residential Complex at the Martyrs City in Umm Al Quwain.
The meeting saw the board also approve the names of the 1,080 citizens who will be receiving the housing support, UAE state news agency, WAM, reported.
According to WAM, the approved allocation comprises 785 loans and 295 housing grants.
Of the 1,080 identified cases, 799 reportedly belong in the new building category, 70 in the residence completion category, 14 in the residence maintenance category, 77 in the residence purchasing, 42 in the government residence, 68 in the addition and expansion of residences, nine in the addition to a residence, and one paying a loan.
Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and chairman of the board of the programme, said that the announcement is part of the directives of President HH Sheikh Khalifa bin Zayed Al Nahyan to celebrate 2018 as the "Year of Zayed".