RIYADH: Crown Prince Mohammed bin Salman has donated SR1 billion from his personal funds to the National Developmental Housing Foundation (Sakan) to support homeownership for eligible Saudi families.
The donation will fund housing projects to be completed within 12 months, executed by national companies.
Monthly progress reports will ensure timely delivery of all residential units.
This initiative reflects the Crown Prince’s commitment to enhancing citizens' lives and expanding housing opportunities across the Kingdom, especially for low-income families.
It emphasizes the role of stable housing in fostering social stability and development in Saudi Arabia.
[Reported by Saudi Gazette]
