News of Bahrain
Bahrain8 June 20241 min read

Housing Ministry Unveils New Land Development Program with Loans and Grants!

TDT | Manama The Daily Tribune – www.newsofbahrain.com New Approach: Housing Ministry shifts focus to land development, offering loans (BD 70,000) and grants (BD 10,000) instead of directly allocating units. Affordable Housing: Program aims to build 15,000 units starting at

Editorial Team Legacy

Published 8 June 2024, 8:00 · Updated 22:14

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Housing Ministry Unveils New Land Development Program with Loans and Grants!

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

New Approach: Housing Ministry shifts focus to land development, offering loans (BD 70,000) and grants (BD 10,000) instead of directly allocating units.

Affordable Housing: Program aims to build 15,000 units starting at 95,000 dinars with high standards in various locations.

Public-Private Partnership: Fosters collaboration between government and private sector for project development.

Project Progress: Construction underway for initial projects like Salman City (131 units) with more phases planned.

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