The Egyptian Ministry of Housing and Urban Communities, through the Social Housing and Real Estate Finance Support Fund, has started the booking process for 15,000 apartments in various new cities and governorates across the country. These apartments are part of the 'Housing for All Egyptians 9' project and are being offered to citizens with disabilities. The booking period for those with disabilities runs until September 27, 2026, and will be extended to all citizens, including those with disabilities, from September 28, 2026, to October 28, 2026.
According to the Social Housing and Real Estate Finance Support Fund, the initial rental period for these social housing units is three years. After this period, tenants have the option to renew their lease for an additional term, subject to the approval of the Fund. To renew their contract, tenants must notify the relevant authority and obtain approval from the Fund.
Tenants looking to renew their lease must follow specific steps. They must first notify the agency responsible for their unit, typically a bank or financial technology company, of their intention to renew the lease. This notification must be made in writing and submitted at least three months before the end of the original lease term. Failure to do so may result in the loss of their right to request a renewal.
For a lease renewal to be approved, tenants must have fulfilled all their obligations under the contract and any subsequent written amendments. The renewal will be granted for an additional term of the same duration as the original lease, under new conditions and terms set by the Social Housing and Real Estate Finance Support Fund.
In cases where tenants wish to continue occupying the unit, they must submit a request before the end of the sixth year, at least three months in advance, specifying their preference to either purchase the unit or continue renting it at the prevailing market rate. This allows for a smooth transition and ensures that tenants are aware of their options.
The Social Housing and Real Estate Finance Support Fund has outlined specific conditions for lease renewals. These conditions include the timely payment of rent and adherence to the terms of the lease agreement. Tenants who fail to meet these conditions may face consequences, including the possibility of eviction.
As the deadline for lease renewals approaches, tenants are advised to familiarize themselves with the requirements and procedures for renewal. By doing so, they can ensure a seamless transition and avoid any potential disruptions to their living arrangements.
Key points
- The Egyptian government has introduced a new initiative offering 15,000 social housing units for rent in 2026.
- Tenants must notify the relevant authorities at least three months prior to the lease expiration to renew their contract.
- Lease renewals are subject to approval by the Social Housing and Real Estate Finance Support Fund.
