As of July 15, Morocco’s direct housing aid program has benefited approximately 17,000 individuals, with 44% of the beneficiaries being women and 22% being Moroccans residing abroad, announced Prime Minister Aziz Akhannouch on Monday.
In response to a central question during the monthly oral questions session on “urbanization and housing policies and their impact on economic dynamics and spatial and social development” at the House of Representatives, Akhannouch disclosed that 84,500 applications for the aid had been submitted on the dedicated platform. The total value of the acquired housing amounted to 6.3 billion dirhams (MMDH), with the state contributing 1.3 MMDH.
Akhannouch highlighted the positive indicators in the urban planning and housing sector since the program’s launch. In the first quarter of the year, authorized projects increased by 16%, the added value of the construction sector rose by 2.5%, real estate loans grew by 1.5%, and loans to real estate developers increased by 3.8%.
The direct housing aid program is designed to make decent housing accessible to low-income and middle-class families, addressing their daily needs. The increased housing supply is expected to provide a significant boost to the private sector, support small and medium-sized enterprises (SMEs), and create job opportunities. Since its inception in early 2024, the program has exceeded expectations, demonstrating high demand from Moroccans both within the country and abroad, as evidenced by the program’s positive results.
