BUSINESS

9th installment of AP ‘Housing and Car Grants’ program unveiled

October 21, 2017

RIYADH — Alwaleed Philanthropies (AP), chaired by Prince Alwaleed Bin Talal Bin Abdulaziz AlSaud, announces the 9th installment of the "Housing and Car Grants" program. The program aims to provide 10,000 housing units and 10,000 cars to Saudi citizens throughout the Kingdom over 10 years. So far, Alwaleed Philanthropies has provided 22,666 beneficiaries with houses and cars as part of its "Housing and Car Grants" program. The number of beneficiaries of the housing program reached 15,666 and those of the car program is 7,000.

The foundation seeks to improve the living standards of Saudi citizens through various community development programs. The "Housing and Car Grants" program is one of the most important local programs, as it supports Saudi families with low incomes by helping them reduce their monthly expenses that go towards housing rents and transportation. The "Housing and Car Grants" program is accessible to all citizens, has no age limit, and does not require any registration fees. The beneficiaries have to meet specific criteria set by the Alwaleed Philanthropies and which are available on the foundation’s official website: www.alwaleedphilanthropies.org

The foundation aims to empower all those in need, especially those with few resources. The beneficiaries of the 8th installment of the "Housing and Car Grants" program include a large number of people with special needs because the foundation believes in enabling them to become more self-reliant, as well as better integrated in their communities.

The names of the 9th "Housing and Car Grants" program beneficiaries were announced on Prince Alwaleed Bin Talal’s Twitter account @alwaleed_talal. All the names of the "Housing and Car Grants" program beneficiaries are on the Alwaleed Philanthropies’ grants website: https://www.alwaleedphilanthropies.org/grants/core/default/Beneficiaries

For over 37 years, Alwaleed Philanthropies has supported and initiated projects in over 164 countries regardless of gender, race, or religion. We collaborate with a range of philanthropic, government, and educational organizations to combat poverty, empower women and youth, develop communities, provide disaster relief and create cultural understanding through education. Together, we can build bridges for a more compassionate, tolerant, and accepting world. — SG


October 21, 2017
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