17,000 Bahraini families benefit from housing finance programmes
Around 17,000 Bahraini families have benefited from housing finance programmes since August 2022, according to Eman Al Abbasi, Director of the Housing Finance Department at the Ministry of Housing and Urban Planning.
Speaking to Bahrain TV, Al Abbasi said partnerships with participating banks have given citizens greater flexibility and a wider range of housing options.
Beneficiaries can choose solutions based on their needs and financial circumstances, including purchasing a ready-made home or a plot of land, depending on the programme.
She said the programmes aim to help citizens access housing solutions more quickly while giving them greater freedom to select options that match their priorities.
Al Abbasi highlighted the role of cooperation between the ministry, Bahrain Housing Bank and participating banks in expanding available choices and offering different financing solutions. The programmes are also being continuously developed to provide greater flexibility and allow citizens to compare bank offers.
The interview also covered the 10th edition of the “Mobile Housing Finance Branch”, organised by the ministry in cooperation with Bahrain Housing Bank to bring housing and financing services closer to citizens.
Visitors can learn about various programmes, including the different “Tasheel” financing options, “Tasheel+” and the “Tamouh” programme.
Al Abbasi also highlighted the “BeitY” electronic platform, which brings together properties available across Bahrain, including villas, apartments and plots of land, as part of the housing finance system.
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