December 28, 2023
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Chairman of the Board of Directors
Major General Eng. Waleed Farouk Elbaroudi took office in April 2023 aiming at elevating the role played by the General Authority for Construction and Housing Cooperatives under the umbrella of the Egyptian Ministry for Housing, Utilities and Urban Communities.
In this regard, he confirmed the necessity of supporting the Authority’s main axes including the establishment of cooperative investment projects, contemporary cooperative compounds in new cities, productive cooperative compounds with key economic elements along with regional development communities with key economic and industrial elements and emphasized its role in the financial and administrative monitoring and supervision process of all cooperative housing societies in Egypt.
In addition, Major General Eng. Waleed Elbaroudi, shed light on the significant role played by the Authority in activating the Egyptian role regionally, exchanging expertise and interacting with the successful cooperative experiences worldwide.
News
History & Organization Development Stages
1961
President Gamal Abdel Nasser issued a decree establishing “The General Cooperative Association for Housing.”
1965
The Association’s name was changed into “The Egyptian Cooperative Association for Construction & Housing” and its activities were organized.
1971
The Association’s name was changed again into “The General Authority for Construction and Housing Cooperatives.”
1977
The Authority is declared to be an independent economic entity maintaining its own financial resources.
Major Fields of Business
Procedures of reserving a unit
- After The reservation of the residential units is officially announced, the person who wants to reserve a unit shall purchase a booklet of conditions showing the conditions for applying for the reservation, the financial conditions, and the period for the reservation using the cash and installment system.
- The person who wants to book by cash system shall pay the cost of the unit, determine the unit to be reserved, purchase a reservation form and fill it in, and contract for the unit if it is ready for contracting.
- In the case of reserving a unit through the installment system, the client shall purchase the terms and conditions booklet and pay a sum of money ensuring his willingness to purchase the unit to enter the lottery. In the event of winning a residential unit, client then shall purchase the unit reservation form, pay the allocation fees shown in the terms and conditions booklet, sign the architectural design for the building in which the unit is allocated, and the employer shall provide the client with allocation letter.
Procedures of reserving cooperative societies' land
- The General Authority for Construction and Housing Cooperatives (CHC-Egypt) announces in the official Gazette the reservation of plots of land owned by CHC for cooperative housing societies.
- The terms and conditions booklet shall be sold at CHC-Egypt headquarters.
- The booklet is delivered to the representative of the cooperative association that wants to reserve the land, pursuant to a notification of authorization approved by the association’s board of directors.
- The cooperative association may submit more than one application to obtain lands for its projects in more than one city, provided that they are within the scope of the cooperative association’s work. In the event that the association wins a plot of land in one of the cities, the rest of the applications are automatically cancelled.
- The terms and conditions in the booklet shall be completely fulfilled by the association and the booklet is received at the authority’s headquarters in the cooperation sector, provided that a plot of land less than five buildings is not reserved so that the association can establish projects.
CHC Mega Projects
International Interaction
The ICA Sub-Regional office for North Africa
The sub regional office for North Africa shares the vision of both ICA and ICA-Africa regarding the need to develop and strengthen the cooperative movement worldwide.
The sub regional office for North Africa aspires to become a pioneer of the cooperative movement in the whole African region.
The African Organization for Housing Cooperatives
The African Organization for Housing Cooperatives shares the vision of both ICA and ICA-Africa regarding the need to develop and strengthen the cooperative movement worldwide.
The African Organization for Housing Cooperatives aspires to become a pioneer of the cooperative housing movement in the whole African region.
