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Abu Dhabi has unveiled a series of groundbreaking housing initiatives aimed at supporting Emirati families, particularly newlyweds and those with growing families. These initiatives, part of the Emirati Family Growth Support Programme, promise to alleviate housing costs and encourage family formation among UAE nationals.

Key Highlights of the New Housing Support Program

1. Rental Assistance for Newlyweds: Dh75,000 annually for up to four years
2. Partial Loan Deduction: For families with 4-6 children
3. Extended Loan Repayment: Reduced monthly installments for larger families

Let’s delve into the details of each initiative:

1. Rental Assistance for Newlyweds

• Amount: Dh75,000 per year
• Duration: Initially for two years, renewable up to four years
• Eligibility:
  • Monthly income less than Dh50,000
  • Submitted permanent housing benefit request to ADHA
  • Do not own any real estate property
• Location: Rented unit must be in Abu Dhabi, Al Ain, or Al Dhafra Region
• Additional Incentives: Based on childbearing during the assistance period

2. Partial Loan Deduction

• For Families With:
  • 4th child: Dh30,000 deduction
  • 5th child: Dh30,000 deduction
  • 6th child: Dh40,000 deduction
• Applicable to: House construction, purchase, demolition, and reconstruction loans
• Income Range: Dh21,000 to Dh50,000 monthly

3. Extended Loan Repayment Period

• Eligibility: Families with 4-6 children
• Extension: 3 additional years per new child (4th, 5th, or 6th)
• Applicable to: House construction, purchase, demolition, and reconstruction loans
• Income Requirement: Monthly income exceeding Dh50,000

How to Apply

• Applications will be accepted from September 2024
• Apply through the Medeem Digital Platform
• Part of the Abu Dhabi Family Wellbeing Strategy

Official Statement

Hamad Hareb Al Muhairi, Director General of ADHA, stated: “We reiterate our support for Emiratis, enabling them to get adequate housing, thereby fostering integrated and interconnected communities across Abu Dhabi. By supporting these initiatives, we strive to encourage Emirati citizens to marry, have children, and establish cohesive families, all of which contribute to the prosperity of the society.”

Impact on Emirati Families

These initiatives are expected to:

1. Reduce financial stress on newlyweds
2. Encourage family formation and growth
3. Improve access to quality housing for UAE nationals
4. Strengthen community bonds in Abu Dhabi

Looking Ahead

As these initiatives roll out in September 2024, they’re set to transform the housing landscape for Emirati families in Abu Dhabi. By addressing the unique needs of newlyweds and growing families, the Abu Dhabi Housing Authority is taking a proactive approach to support its citizens and foster societal growth.

For more information on eligibility and application processes, UAE nationals are encouraged to visit the official ADHA website or contact their local housing authority office.

Stay tuned for more updates on these groundbreaking housing initiatives as we approach the September 2024 launch date.