{"id":623292,"date":"2018-10-25T04:15:24","date_gmt":"2018-10-25T04:15:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/housing-ministry-cbe-look-to-expand-mortgage-finance-fund-by-egp-10-bn\/"},"modified":"2018-10-25T04:15:24","modified_gmt":"2018-10-25T04:15:24","slug":"housing-ministry-cbe-look-to-expand-mortgage-finance-fund-by-egp-10-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/housing-ministry-cbe-look-to-expand-mortgage-finance-fund-by-egp-10-bn\/","title":{"rendered":"Housing Ministry, CBE look to expand Mortgage Finance Fund by EGP 10 bn"},"content":{"rendered":"

The Housing Ministry is in talks with the CBE to extend the EGP 20 bn Mortgage Finance Fund with an additional EGP 10 bn tranche, deputy Housing Minister Khaled Abbas tells Al Mal<\/a>. The current tranches are expected to be disbursed by year-end. The fund seeks to boost financing the middle- and low-income segments by providing favorable lending rates of 7% and 8% over longer time periods. The program is funded by the World Bank and other local institutions, including CIB.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Housing Ministry is in talks with the CBE to extend the EGP 20 bn Mortgage Finance Fund with an additional EGP 10 bn tranche, deputy Housing Minister Khaled Abbas tells Al Mal. The current tranches are expected to be disbursed by year-end. The fund seeks to boost financing the middle- and low-income segments by […]<\/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":[9298],"tags":[2372,271,72,8276,1719,9442,2061,2401,4301],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623292","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-central-bank-of-egypt","tag-enterpriseam","tag-housing","tag-housing-ministry","tag-khaled-abbas","tag-mortgage-finance","tag-mortgage-finance-fund","tag-social-housing","wpautop","entry"],"acf":{"mongo_id":"5fcc8f19-8041-4901-a069-066fd2430590","order":"0","is_powered_by":true,"section_story_id":"44da1314-9b53-444d-b534-ba7f837b565c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[623260],"teaser":"","voice_url":""},"yoast_head":"\nHousing Ministry, CBE look to expand Mortgage Finance Fund by EGP 10 bn - 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\/2018\/10\/25\/housing-ministry-cbe-look-to-expand-mortgage-finance-fund-by-egp-10-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing Ministry, CBE look to expand Mortgage Finance Fund by EGP 10 bn\" \/>\n<meta property=\"og:description\" content=\"The Housing Ministry is in talks with the CBE to extend the EGP 20 bn Mortgage Finance Fund with an additional EGP 10 bn tranche, deputy Housing Minister Khaled Abbas tells Al Mal. 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The CBE recently renewed its mortgage financing program that originally ran from 2014 until January this year,\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640824,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/","url_meta":{"origin":623292,"position":2},"title":"Mortgage Finance Fund to doll out EGP 10 bn this year","author":"enterpriseam admin","date":"5 September 2017","format":false,"excerpt":"The Mortgage Finance Fund is looking to doll out EGP 10 bn this year, reports Al Borsa. The plan comes as part of CBE\u2019s initiative to boost lending to middle and low income homeowners over the coming years, says Mai Abdel Hamid, CEO of the Social Housing Fund which had\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"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":623292,"position":3},"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 "SPEED ROUND: WELFARE"","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":638638,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/10\/cbe-increases-mortgage-finance-fund-to-egp-20-bn\/","url_meta":{"origin":623292,"position":4},"title":"CBE increases Mortgage Finance Fund to EGP 20 bn","author":"enterpriseam admin","date":"10 October 2017","format":false,"excerpt":"The CBE decided on Monday to allocate an additional EGP 10 bn to its Mortgage Finance Fund, bringing the total up to EGP 20 bn,according to Al Mal. The amount was increased after the program succeeded in giving out EGP 8.5 bn in loans. 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The bank had previously injected EGP 2.2 bn into the program and now with the CBE upping the size of the\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=623292"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/623292\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/623260"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=623292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=623292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=623292"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=623292"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=623292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}