As part of Saudi Arabia’s ongoing efforts to enhance homeownership opportunities, authorities have introduced a new housing finance mechanism tailored for beneficiaries of the “Land and Loan” and “Self-Build” programs.
The goal is to provide flexible financing and structured technical oversight throughout the home construction process.
Under the new system, funds will be disbursed in phases according to the progress of construction, ensuring better quality control and more efficient use of resources.
The mechanism offers greater flexibility for beneficiaries while maintaining continuous engineering supervision to uphold construction standards.
This initiative reflects the Kingdom’s commitment to empowering citizens with sustainable housing solutions,
aligned with Saudi Vision 2030 objectives to increase homeownership rates and improve the overall quality of life.
