We work with our partners to allocate annually 1000 Housing Units and 1000 Cars for Beneficiaries in KSA
Highlights
Duration
2021 – 2027 Renewable for a similar period of time.
Location
Whole Kingdom
Total Beneficiaries for Housing and Cars Projects
123,000 Individual
Housing Project Beneficiaries
70,000 Individual
Car Project Beneficiaries
50,000 Individual
In partnership with
A Visionary Partnership for Sustainable Development
Aligned with Saudi Arabia’s Vision 2030, Alwaleed Philanthropies, in collaboration with the Ministry of Municipalities and Housing and The Developmental Housing Foundation (Sakan) , has launched an ambitious initiative to meet the housing and transportation needs of vulnerable families. This partnership seeks to provide appropriate housing and reliable transportation, thereby empowering individuals and fostering sustainable development throughout the Kingdom. It targets the most in-need families who satisfy residential support controls and beneficiary selection criteria.
This initiative continues the legacy of the Housing and Cars project, which Alwaleed Philanthropies has been advancing since 2015, aiming to improve quality of life for those in need across Saudi Arabia.
Project Goals and Duration
The housing and car projects are driven by specific objectives. They seek to improve citizens' standard of living, reduce housing and mobility costs, increase ownership and empowerment, and create opportunities for mobility and development. These initiatives will span five years, from 2021 to 2027 “might be renewable for a similar period of time”, with a goal of delivering 10,000 housing units and 10,000 cars to families in need.
Strong Partnerships Driving Success
The Housing project is powered by a collaborative effort between Alwaleed Philanthropies, the Ministry of Municipalities and Housing, and Sakan Foundation, all committed to positively impacting beneficiaries’ lives and promoting sustainable development. Meanwhile, the Car project benefits from partnerships with Aljazirah Vehicles Company and Changan Almajdouie, ensuring efficient vehicle provision and empowerment.
Achievements of 2024
- Ownership of 1,000 housing units: Target in progress.
- 568 vehicles provided: Target in progress.
- Signed agreement with the Martyrs’ Fund to serve its beneficiaries according to the agreement terms.
- Batch 23 of beneficiaries included recipients from the Martyrs’ Fund.
Developmental Housing Project (Alwaleed Philanthropies Units):
- 112 housing units allocated to 784 beneficiaries across Riyadh, Al-Kharj, and Dammam.
- A comprehensive maintenance program was developed to ensure the readiness of the housing units in accordance with the highest technical and engineering standards.
