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REDF Official Hails King's Decree to Raise Housing Loan Ceiling to SR 500,000
Published in Saudi Press Agency on 19 - 03 - 2011

Akhir 14, 1432, March 19, 2011, SPA -- Acting Director General of the Real Estate Development Fund (REDF), Engineer Hasan Bin Mohammed Al-Attas, in his name and on behalf of all employees of the REDF, expressed today his deepest thanks and appreciation to the Custodian of the Two Holy Mosques King Abdullah Ibn Abdulaziz Al Saud for the issuance of the Royal Decree to raise the value of the upper housing loan ceiling from SR 300,000 to SR 500,000.
"The Custodian of the Two Holy Mosques, as usual, has always been keen to touch upon the needs of citizens and work to achieve the comfort and luxury for them as well as stand firmly, generously and kindly in ensuring building a comfortable accommodation and convenience for them and their families in accordance with the latest specifications, architectural and engineering designs of modern and cozy living," Al-Attas said.

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