{"id":602369,"date":"2019-03-26T03:45:39","date_gmt":"2019-03-26T03:45:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/"},"modified":"2019-03-26T03:45:39","modified_gmt":"2019-03-26T03:45:39","slug":"govt-considers-establishing-fund-to-support-middle-income-housing","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/","title":{"rendered":"Gov\u2019t considers establishing fund to support middle-income housing"},"content":{"rendered":"<p><b>The government is mulling setting up a fund to support mortgages for middle-income earners, <\/b><u><a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D9%88%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%88%D8%A7%D9%84%D9%85%D8%B7%D9%88%D8%B1%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D9%82%D8%A7%D8%B1%D9%8A%D9%88%D9%86-%D9%8A%D8%AA%D9%81%D9%82%D9%88%D9%86-%D8%B9%D9%84%D9%89-%D8%A5%D8%AC%D8%B1%D8%A7%D8%A1%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D9%84%D9%84%D9%88%D8%AD%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%83%D9%86%D9%8A%D8%A9%E2%80%8E.aspx\">according to a cabinet statement<\/a><\/u> released following a meeting yesterday between Prime Minister Moustafa Madbouly, Central Bank Governor Tarek Amer and Housing Minister Assem El Gazzar. The suggestion for the fund was well received at the meeting and the PM has asked relevant officials to prepare a detailed vision for it, the statement added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is mulling setting up a fund to support mortgages for middle-income earners, according to a cabinet statement released following a meeting yesterday between Prime Minister Moustafa Madbouly, Central Bank Governor Tarek Amer and Housing Minister Assem El Gazzar. The suggestion for the fund was well received at the meeting and the PM has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,8276,83,190,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602369","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-housing","tag-real-estate","tag-social-welfare","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d651abca-fc98-4698-bdfb-81af9ad9937b","is_powered_by":true,"section_story_id":"3108f070-26ee-4b4c-b4b0-fedad36ffda5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602357],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gov\u2019t considers establishing fund to support middle-income housing - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t considers establishing fund to support middle-income housing\" \/>\n<meta property=\"og:description\" content=\"The government is mulling setting up a fund to support mortgages for middle-income earners, according to a cabinet statement released following a meeting yesterday between Prime Minister Moustafa Madbouly, Central Bank Governor Tarek Amer and Housing Minister Assem El Gazzar. The suggestion for the fund was well received at the meeting and the PM has [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-26T03:45:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t considers establishing fund to support middle-income housing\",\"datePublished\":\"2019-03-26T03:45:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"housing\",\"real estate\",\"social welfare\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/govt-considers-establishing-fund-to-support-middle-income-housing\/\",\"name\":\"Gov\u2019t considers establishing fund to support middle-income housing - 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A committee with members from the central bank, local banks, and real estate developers will be formed to discuss the specifics of the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566532,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/24\/middle-income-homebuyers-are-now-eligible-for-shorter-mortgage-terms\/","url_meta":{"origin":602369,"position":2},"title":"Middle-income homebuyers are now eligible for shorter mortgage terms","author":"enterpriseam admin","date":"24 June 2021","format":false,"excerpt":"Gov\u2019t cuts minimum mortgage terms in CBE mortgage programs: The minimum term for home mortgages under CBE-supported home lending programs was reduced to five years from a previous seven years, according to a decision by state-run Social Housing and Mortgage Finance Fund. The move is meant to help homeowners making\u2026","rel":"","context":"In &quot;SPEED ROUND: WELFARE&quot;","block_context":{"text":"SPEED ROUND: WELFARE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-welfare\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603269,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/17\/cbe-agrees-to-lower-interest-rates-for-middle-income-housing\/","url_meta":{"origin":602369,"position":3},"title":"CBE agrees to lower interest rates for middle-income housing","author":"enterpriseam admin","date":"17 April 2019","format":false,"excerpt":"CBE to renew mortgage financing program for middle-income homeowners: The Central Bank of Egypt (CBE) has agreed to a proposal from the Federation of Egyptian Industries\u2019 Real Estate Development Chamber to reintroduce lower interest rates for would-be middle-income homebuyers, Zawya reports. 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