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SR1.4b loan for building 6,000 houses approved
AHMAD AL-HUDHAIFI
Okaz Published in The Saudi Gazette on 14 - 01 - 2011

RIYADH: The Real Estate Development Fund has approved another batch of loans for the construction of 6,000 housing units in different cities, governorates and centers of the Kingdom covered by the fund's services, which is allocated according to priority. In a statement, Engineer Hassan A-Attas, Director General of the fund, said the loans totaled SR1.48 billion and represent the first batch approved in the budget for the fiscal year 2011 (1432-33H).
Al-Attas urged citizens, whose loan applications have been approved, to visit the fund's branches and offices to complete mortgage procedures, sign contracts and begin construction.

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