Direct housing assistance program: More than 11,700 beneficiaries as of May 23, 2024

Hibapress

The number of beneficiaries of the direct housing assistance program amounted to 11,749 as of May 23, out of a total of 73,711 requests, said Thursday the Minister Delegate in charge of Relations with Parliament, government spokesperson, Mustapha Baitas.

In response to a question during a press briefing following the weekly meeting of the Governing Council, Mr. Baitas explained that 43% of beneficiaries are women and 23% are Moroccans residing abroad, noting that 57% of requests concern housing whose cost is between 300,000 and 700,000 dirhams.

Regarding the files presented, the minister noted that 90% of the requests registered meet the conditions required to benefit from this aid.

Regarding the classification of beneficiaries by region, Mr. Baitas noted that the region of Fez-Meknes comes first with 35.9% of requests satisfied, followed by Casablanca-Settat (34.54%), Oriental (6.5%) and Tangier-Tétouan-Al Hoceima (around 4%).

Furthermore, the minister stressed that housing assistance contributed to the resumption of cement consumption with an increase of 21.11% between April 2023 and April 2024, adding that loans intended for housing also increased by 1 .4% between March 2023 and March 2024, as well as for loans intended for real estate developers which increased by +4.2% during the same period.

These important figures reflect the enthusiasm and recovery generated by this program which also aims to contribute to the recovery of the housing sector, concluded the minister.

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