Algeria’s Minister of Housing, Urban Planning, and the City, Mohamed Tarek Belaribi, confirmed during his visit to the province of Beni Abbes on Tuesday that all provinces are involved in the subscription for the “AADL 3” rent-to-own housing projects. AADL 3 Housing Project Algeria
This announcement marks a significant step in Algeria’s commitment to expanding housing opportunities nationwide.
Previously, Minister Belaribi revealed that the subscription for the “AADL 3″ housing project is set to commence in the first half of 2024, boasting a paperless process. The subscription will rely on the National Identification Number and Social Security Number, streamlining the application process for prospective homeowners.
Regarding the pricing of these housing units, Belaribi indicated that there are variables in the costs that could lead to a reassessment of prices compared to previous housing programs. This statement suggests a potential adjustment in housing prices, aligning them with current economic conditions and making them more accessible to a broader range of citizens.
This initiative is part of Algeria’s ongoing efforts to address housing needs and improve living standards across the country. By offering rent-to-own options, the government aims to provide more Algerians with the opportunity to own their homes, thereby promoting social stability and economic growth.
For more information, visit dzwatch.net, AADL 3 Housing Project Algeria
