New Program Launched in Umm Al-Fahm to Aid Families in Buying First Homes
The non-profit financial organization "Aujen," in partnership with the Economic Development Authority of the Ministry of Social Equality and the Umm Al-Fahm municipality, launched a new program called "My First Home" on Tuesday, September 15, 2026. The initiative is designed to support young families aiming to purchase or build their first residence.
The launch event, held at the Al-Ghazali Science and Arts Center, saw significant attendance from local residents and garnered considerable interest in the new housing project. Khaled Hassan, Arab Community Director at Aujen, emphasized the importance of the collaboration and explained that the program will assist Arab families in managing their finances, understanding their economic capacity, and preparing for mortgage applications.
Dr. Samir Mahamid, Mayor of Umm Al-Fahm, highlighted the municipality's efforts to remove obstacles and streamline procedures for residents seeking affordable housing. He stressed the value of the "My First Home" program in providing professional guidance for sound financial decision-making.
Salima Mustafa Suleiman from the Economic Development Authority for the Arab Community affirmed the partnership's goal of supporting families until they receive their home keys. Nizar Mahajna, legal advisor for "Ikhwan Fathi," one of the project's executing companies, detailed the process of acquiring an apartment, from registration to payment and handover, noting Aujen's role in providing necessary financial support.
Manal Khoury, a mortgage consultant from Aujen, and economic advisor Amir Blan outlined the eight-month financial guidance program, which includes consultations, bank liaison, and payment arrangements to help participants navigate the mortgage process confidently. The event concluded with individual consultations and plans for follow-up sessions, addressing the community's strong need for information. Aujen is inviting eligible families to utilize the program, which offers tools for expense management, capital increase, cost reduction, understanding mortgages, and financial negotiation. The organization plans to expand the "My First Home" program to other Arab towns and cities soon.
