New-look Mazaya housing programme launched

The Ministry of Housing has started receiving applications from citizens wishing to benefit from the new edition of Mazaya programme. Large numbers of people reported to the ministry headquarters to be updated about the social housing scheme and get informed about the new privileges and criteria. The Ministry of Housing alongside Kuwait Finance House-Bahrain have launched Mazaya programme – a social housing finance scheme – in collaboration with the private sector.

“The ministry has received many queries ever since the newlook Mazaya programme was announced and its application activated on the 1st of March,” said Undersecretary Shaikh Abdulla bin Ahmed Al Khalifa. Under the new-look format, the maximum age of beneficiaries has been raised from 35 to 50 years, and the minimum and maximum salary of the beneficiary is set at between 500 and 1500 dinars.

New options have also been added to the programme, regarding the financing of construction and the purchase of housing land plot. “These features and additions come within the framework of continuous development of the programme launched by the ministry in 2013,” said Undersecretary Shaikh Abdulla bin Ahmed Al Khalifa, stressing the proposals and requests of citizens to increase the maximum age to benefit from the programme and diversification of funding options.