UAE- 642 Emiratis to receive AED383m in loans, grants from Zayed Housing Programme

7/3/2016 3:16:06 AM

(MENAFN- Emirates News Agency (WAM))

DUBAI, 30th June 2016 (WAM) --- The government-sponsored Sheikh Zayed Housing Programme has approved AED383 million in loans and grants for 642 Emiratis eligible for housing subsidies.

Of these, 503 citizens will receive loans while the other 139 will receive grants because they are people with special needs.

The move was in line with directives from President His Highness Sheikh Khalifa bin Zayed Al Nahyan and Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. It is followed up by H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.

Chairman of the Board of Directors of the Programme, Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, who is also Minister of Infrastructure Development, noted that the government seeks to enhance the quality of life of Emiratis and ensure they that the UAE is a happy country as part of the seven-year UAE National Agenda leading to the UAE Vision 2021.

The Programme''s new housing compounds were specially designed to support widows, divorced women and elderly people by special community initiatives that ensure services are delivered right to their doorsteps.

WAM/MMYS

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