Saudi REDF partners with Bidaya Home Finance to provide affordable housing solutions
RIYADH: Saudi Real Estate Development Fund and Riyadh-based mortgage lender Bidaya Home Finance have signed an agreement which aims to provide affordable housing and financing solutions to real estate finance institutions and firms. Signed by REDF CEO Mansour bin Madi and Bidaya’s acting CEO Faisal bin Abdul Rahman Al-Nasser, the agreement aims to provide short and medium-term financial facilities to propel the journey of beneficiaries owning a suitable home, the Saudi Press Agency reported.