As part of the ongoing efforts to facilitate citizens’ ownership of housing, the Ministry of Municipal and Rural Affairs and Housing in the Kingdom of Saudi Arabia launched the housing support program known as “residential“, which is one of the pivotal government initiatives to achieve housing stability for citizens through flexible financing solutions and multiple housing options.
What is the housing support program?
The Sakani Program is a government initiative that aims to enable Saudi families to own their first home by providing direct financial support and various financing options, in addition to developing housing projects with complete infrastructure and services.
The program aims to enhance the quality of life and support the achievement of Saudi Vision 2030's housing goals.
Categories benefiting from housing support
Housing support is granted to Saudi citizens who do not own suitable housing, are 25 years of age or older, are single, or have a family, and have not received housing support within the past five years.
Eligibility requirements for the housing support program
The program requires the applicant to:
- To be a Saudi national and a permanent resident of the Kingdom.
- The applicant must be at least 25 years old, with some exceptions, such as family cases.
- Not owning a suitable home for the last 5 years.
- Not having previously benefited from housing support programs.
- Income meets the program's support matrix criteria.
- Submit the application electronically via the “Sakani” platform, confirming the accuracy of the data.
Housing Support Program Benefits
The program offers a range of benefits that help alleviate the financial burdens on citizens, most notably:
- Monthly support commensurate with the family's income level.
- Financing options up to 25 years.
- The ability to transfer debt and reschedule the loan easily.
- Loan waiver in the event of death or total disability, according to the terms of the financing entity.
Financing packages within the housing support program
The program offers five diverse packages to meet citizens' various needs:
- Down payment support
- Self-construction support
- Buy ready or under construction units
- Rent support
- Furniture support
These packages provide non-refundable financial support ranging from 100,000 to 150,000 Saudi riyals, determined by the package type and income level.
Housing support value based on income
The value of the support is determined based on the family's income and the number of its members, as follows:
- 100% support for those whose monthly income does not exceed 14,000 riyals.
- 95% support for those with an income of up to 15,000 riyals.
- 80% support for income of 18,000 riyals.
- 70% support for income of 20,000 riyals.
These percentages are subject to adjustment according to the approved support matrix to ensure fairness and meet actual needs.
Housing support conditions for women
Saudi women can apply for housing support under the following conditions:
- To be a Saudi national. The husband is not required to be Saudi in the case of a widow or divorcee.
- Permanent residence in the Kingdom.
- Reaching the age of 25, or being the breadwinner for the family (in the event of divorce or death of the husband after two years).
- Not owning a home in her name for the last 5 years.
- She has never received government housing support.
- In some cases, it must be proven that she is the primary provider for her children.
Steps to apply for housing support
To benefit from the program, you must follow the following steps:
- Access the “Sakani” platform and log in via the National Access Portal.
- Fill out the eligibility form by entering personal data, income, and number of family members.
- Find out your eligibility results and, if you qualify, choose the package that suits you.
- Apply for financing by connecting with approved financing agencies, and sign contracts after approval.
- You can also use a calculator. Contact Us To estimate the value of expected support and plan financially for purchase with confidence.
