{"id":640824,"date":"2017-09-05T11:56:26","date_gmt":"2017-09-05T11:56:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/"},"modified":"2017-09-05T11:56:26","modified_gmt":"2017-09-05T11:56:26","slug":"mortgage-finance-fund-to-doll-out-egp-10-bn-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/","title":{"rendered":"Mortgage Finance Fund to doll out EGP 10 bn this year"},"content":{"rendered":"

The Mortgage Finance Fund is looking to doll out EGP 10 bn this year, reports Al Borsa<\/a>. 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 been merged with the Mortgage Finance Fund earlier this year<\/a>. The initiative is looking to loan out another EGP 10 bn in 2018. Mortgage rates coming set by the fund are 7% for low income loans and 8% for middle income for up to EGP 500k. The liquidity for the fund comes from World Bank loans and some local banks, including CIB.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 been merged with the Mortgage […]<\/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":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640824","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"1ac4607a-1750-497e-89aa-82380d95da0d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[640791],"teaser":"","voice_url":""},"yoast_head":"\nMortgage Finance Fund to doll out EGP 10 bn this year - 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\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mortgage Finance Fund to doll out EGP 10 bn this year\" \/>\n<meta property=\"og:description\" content=\"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 been merged with the Mortgage […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-05T11:56:26+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Mortgage Finance Fund to doll out EGP 10 bn this year\",\"datePublished\":\"2017-09-05T11:56:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mortgage-finance-fund-to-doll-out-egp-10-bn-this-year\/\",\"name\":\"Mortgage Finance Fund to doll out EGP 10 bn this year - 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