Sharjah Approves Dh370m in Housing Grant Project

Housing grant

Sheikh Sultan bin Mohammed bin Sultan Al Qasimi is the Deputy Ruler and the Crown Prince of Sharjah. The Crown Prince chaired the meeting of the Sharjah Executive Council (SEC) on Tuesday at the Ruler’s Office.

Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of SEC, and Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah also attended the meeting.

The meeting revolved around various issues that are related to the development of the workflow of the government and advancing the Emirates of Sharjah’s various sectors.

In the implementation of the directive of the Ruler Dr. Sheikh Sultan bin Mohammed Al Qasimi, the Supreme Council approved the first batch of 523 beneficiaries of the housing support, with a total amount of Dhs357 million.  

This first batch includes the beneficiaries in two categories of loans and grants for new construction., completion, addition, and maintenance, or obtaining the ready-to-move government housing and mini residential units. The value of the housing support has reached Dhs7.469 billion for beneficiaries in all cities and regions of the Emirates of Sharjah since 2012.

The council was also briefed on the newest classification of the Sharjah International Airport in the international classification as per the approved standards, and the indicators, such as the Sharjah International Airport was ranked the best airport in the Middle East with the Airport Services Quality (ASQ) programme. This program is supported by the Airports Council International (ACI).

More to this, the council also discussed a set of proposals for supporting and developing the activities of the travel and tourism sector by updating the legislation and enhancing competitiveness in its economic environment.

The council also set a proposal that is concerned with supporting public transportation and providing various services in cities and regions.

The council also review and adopted a Memorandum of Understanding that has to be concluded between the Sharjah Department of Culture (SDC) and the Ministry of Culture in Jordan. This is to strengthen the cultural bond and cooperation and contribute towards achieving the poetic renaissance via encouraging the poetry in all its various forms.

Also, to develop the tourism sector and modernize the tourism legislation, the council approved a memorandum of legislative permission by the Commerce and Tourism Development Authority on the draft decision that regulates the profession of tourist guides in the Emirates.

What are the housing grants and SEC’s plan?  

Dr. Sheikh Sultan bin Mohammed Al Qasimi

Housing grants project approved by Sharjah is beneficial for the resident. But what housing grants actually is?

Housing grants basically provide an alternative for families with low incomes to secure the funds that are needed to obtain a house. This can be used for the purchase of a house, buying a rental property for house income, renovations of the existing properties, or to get assistance when in danger of losing a home through foreclosure.

The main source of this funding is the federal government. Sharjah Executive Council approved the first batch of housing grants, and that will help a good amount of people.

As per the new batch, this program will include all the cities and regions of the Emirates of Sharjah. The lists target the beneficiaries from the new construction to the maintenance and renovation of the existing properties.

There is also an approved list of all the beneficiaries of the converted housing support decision that has to be revised from the loads category to the grant category. The total value of this plan is AED 19.7 million.

The whole plan of the housing grant will be helpful for the residents of Sharjah who want to buy mini units, renovate their houses, or any other thing that is listed for the eligible beneficiaries.

All the people looking forward to building a house in Sharjah can take help from this housing grants facility by the government. This is the step towards making Sharjah more applicable and convenient for the residents by helping them build their houses. There are various projects in the pipeline to provide the best and most relaxed living atmosphere to the residents. And all of this will bring prosperity to the resident and help in developing Sharjah’s better and healthy living space.

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