The Moroccan government's initiative for direct housing support attracted 7,900 applications within the initial days of its launch.
Ministry of National Planning, Urban Planning, Housing, and City Policy data, as of January 5, reveals that out of a total of 7,961 applications on the official platform, a significant 25% are from Moroccans residing abroad.
Breaking down the data, it shows that 76% of the applications originated from Moroccans residing within the country, while the remaining 24% were submitted by Moroccans living abroad.
The majority of the applications focused on housing units valued at less than MAD 300,000 ($30,300), constituting 68% of all applications, surpassing those within the MAD 300,000 to MAD 700,000 ($70,700) range, which made up 32% of the total applications.
The Ministry plans to gather and process personal data through the "Housing Support" platform, transmitting it to the relevant department for further processing.
Significant modifications introduced by Article 10 of the 2024 Finance Law outline the eligibility criteria for housing. The program exclusively applies to housing units permitted from January 1, 2023, with a minimum of two rooms and subject to an initial sale.
Moreover, beneficiaries are required to designate the property as their primary residence for a mandatory five-year period from the date of the final sales contract. The article explicitly defines the primary residence as any dwelling not leased out or allocated for professional purposes.
Moroccan citizens living abroad must maintain the specified housing for five years, either as their residence in Morocco or for use by their spouses, descendants, or direct first-degree lineage without any compensation.
Concerning subsidy refund procedures, Article 10 specifies that in cases where the final sales contract is not executed, the notary facilitates the refund. If the property is transferred before the five-year mark, the beneficiary is responsible for reimbursing the subsidy amount.