On Thursday (June 13), the Abu Dhabi Crown Prince authorized the distribution of housing benefits valued at Dh3.3 billion to 2,015 residents in the emirate of Abu Dhabi, timed ahead of the Eid Al Adha festivities. This year's second housing package comprises housing loans exceeding Dh3.046 billion, assisting 1,766 citizens, with 782 loans designated for the purchase of residential units in the Balghaiylam project. Additionally, Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, sanctioned the exemption of housing loan payments for senior citizens, low-income retirees, and the families of deceased citizens, totaling over Dh262.8 million, benefiting 249 citizens directly. This year's second housing benefits distribution aligns with the approaching Eid Al Adha, underscoring the rulers' commitment to the welfare of Emirati families. Since the inception of the Abu Dhabi Housing Authority, the total value of disbursed housing benefits has surpassed Dh152 billion. Mohamed Ali Al Shorafa, Chairman of the Board of Directors of Abu Dhabi Housing Authority, emphasized the leadership's ongoing commitment to enhancing the welfare of citizens and fostering family and social cohesion, while advancing comprehensive development. Hamad Hareb Al Muhairi, Director-General of Abu Dhabi Housing Authority, highlighted the leaders' priority in distributing the second housing benefits package, reflecting their unwavering dedication to the well-being of Emirati citizens, a key focus in the national agenda. Abu Dhabi Housing Authority is committed to continuously improving its programs and services to provide housing for all citizens in Abu Dhabi, advancing the housing sector in line with the leadership's directives and vision.
Text: Lara Palmer
13.06.2024
Second Housing Package of 2024 Benefits 2,015 Citizens, Exemptions for Senior Citizens and More