Alwaleed Philanthropies announces 13th installment for ‘Housing and Car Grants’ program beneficiaries

Alwaleed Philanthropies announces 13th installment for ‘Housing and Car Grants’ program beneficiaries
Alwaleed Philanthropies announces 13th installment for ‘Housing and Car Grants’ program beneficiaries

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Hind Al Soulia - Riyadh - RIYADH — Alwaleed Philanthropies (AP), chaired by Prince Alwaleed Bin Talal, has announced the list of beneficiaries of the 13th 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.

To date, Alwaleed Philanthropies has provided 26,865 beneficiaries with houses and cars as part of the program. This is made up of 16,545 beneficiaries from the housing program and 10,320 from the car program.

Alwaleed Philanthropies 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 initiatives, as it supports low-income Saudi families by reducing their monthly expenses that go towards housing rent and transportation.

The beneficiaries have to meet specific criteria set by the Alwaleed Philanthropies, which are available on the foundation’s official website.

Prince Alwaleed reiterated that Alwaleed Philanthropies continues to support the most vulnerable communities despite the current pandemic by providing vital resources and mitigating the negative economic impact for individuals, small businesses and communities.

Additionally, empowering women and youth has remained a priority, with the recognition of the effective and influential role they play in building back stronger and healthier communities.

The names of the 13th "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.

For four decades, Alwaleed Philanthropies has supported and spent more than 4 billion dollars on social welfare and initiated more than 1,000 projects in over +189 countries, managed by 10 Saudi female members, reaching more than 1 billion beneficiaries around the world, regardless of gender, race, or religion.

Alwaleed Philanthropies collaborates with a range of philanthropic, governmental, and educational organizations to combat poverty, empower women and youth, develop communities, provide disaster relief, and create cultural understanding through education. It seeks to build bridges for a more compassionate, tolerant, and accepting world. — SG


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