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Daam Sakane vs FOGARIM 2026: Which Housing Aid Program to Choose?

Updated on May 16, 202610 min read

Three state programs coexist in Morocco in 2026 to help first-time buyers: Daam Sakane (launched 2024, MAD 70-100k cash subsidy), FOGARIM (Guarantee Fund for Modest/Irregular Income, since 2003), and FOGALOGE Public (for civil servants, partially merged into Daam Sakane in 2024). Choosing the right program can represent a difference of MAD 70,000 to 150,000 on total acquisition cost. This 2026 comparison details each program's distinguishing criteria, eligible profiles, covered property types, possible compatibility between programs, and proposes a decision tree to identify which maximizes your benefit by profile (CDI employee, civil servant, self-employed, craftsman, MRE, young professional).

1. 1. Daam Sakane — the flagship program since 2024

Direct cash subsidy paid by the State, non-refundable if occupation > 5 years.

Target profile

CDI employees in public or private sector with income between 1 and 6 SMIG (MAD 3,112 to 18,672/month). Middle managers, employees, skilled workers, civil servants scales 5-11. Self-employed eligible if declared turnover and IR paid on last 2 years.

Amount

MAD 70,000 (Tier 2, income MAD 12,448-18,672) or MAD 100,000 (Tier 1, income ≤ MAD 12,448). Direct payment by partner bank at loan release.

Property type

New housing only, from accredited developer. Price ≤ MAD 300,000 ex-VAT (T1) or ≤ MAD 700,000 ex-VAT (T2). Surface 50-120 m².

2. 2. FOGARIM — loan guarantee for modest/irregular income

State guarantee allowing households with modest or irregular income (without CDI) to access a mortgage that banks would otherwise refuse.

Target profile

Households with monthly income ≤ MAD 5,200/month (~ 1.7 × SMIG) AND in stable non-salaried situation: craftsmen, merchants, farmers, informal professions, taxi drivers.

Mechanism — different from Daam Sakane

FOGARIM is NOT a subsidy — it is a GUARANTEE. The State guarantees 80% of the loan to the bank. If the borrower defaults, the State reimburses 80% of the remaining capital to the bank. In return, the borrower pays a 1.2% annual guarantee premium on the remaining capital.

Property type

New or existing. Acquisition price ≤ MAD 250,000. All geographical areas.

Credit cap

MAD 200,000 maximum guaranteed per file. Duration 20-25 years. Average rate 5.5 to 7% APR.

3. 3. FOGALOGE Public — program merged into Daam Sakane

Former program dedicated to civil servants, operational 1992-2023. Effectively replaced by Daam Sakane from January 2024.

4. 4. 2026 decisional comparison table

At-a-glance summary of the 5 distinguishing criteria between Daam Sakane and FOGARIM.

Criterion 1 — Aid nature

Daam Sakane: CASH subsidy (MAD 70k or 100k disbursed). FOGARIM: State GUARANTEE (no direct payment, just loan securing).

Criterion 2 — Income cap

Daam Sakane: MAD 18,672/month (6 × SMIG). FOGARIM: MAD 5,200/month.

Criterion 3 — Professional profile

Daam Sakane: CDI employees, declared self-employed. FOGARIM: craftsmen, informal merchants, irregular income professions.

Criterion 4 — Property type

Daam Sakane: NEW only, accredited developer. FOGARIM: new OR existing, no developer restriction.

Criterion 5 — Property price cap

Daam Sakane: MAD 300k (T1) or 700k (T2). FOGARIM: MAD 250k.

5. 5. Practical cases — which program for which profile?

5 typical profiles and the optimal program for each:

Case 1 — Private CDI employee, MAD 10,000/month income, MAD 280,000 new apartment purchase

Perfect profile for Daam Sakane Tier 1. MAD 100,000 subsidy. Choice: Daam Sakane T1.

Case 2 — Plumber craftsman, declared income MAD 4,800/month (irregular), MAD 220,000 existing apartment purchase

Not eligible for Daam Sakane (confirmed income but without CDI + existing property). Eligible FOGARIM. Choice: FOGARIM.

Case 3 — Civil servant scale 10, MAD 13,500/month income, MAD 650,000 new apartment purchase

Perfect profile for Daam Sakane Tier 2. MAD 70,000 subsidy + preferential rate. Choice: Daam Sakane T2.

Case 4 — Souk merchant, declared income MAD 3,800/month, MAD 180,000 existing apartment purchase

Eligible FOGARIM only (Daam Sakane not eligible: existing). Choice: FOGARIM.

Case 5 — France-resident MRE, equivalent MAD 14,000/month income, MAD 550,000 new Casablanca apartment

Eligible Daam Sakane MRE Tier 2. MAD 70,000 subsidy. Procedure from France via Chaabi Bank Paris. Choice: Daam Sakane MRE T2.

6. FAQ

Q.What is the main difference between Daam Sakane and FOGARIM in 2026?
Daam Sakane is a CASH SUBSIDY (MAD 70,000 or 100,000 paid by the State), reserved for CDI employees / declared self-employed with income up to MAD 18,672/month, to purchase NEW housing from an accredited developer. FOGARIM is a STATE GUARANTEE (the State guarantees 80% of the loan to the bank), reserved for households with modest/irregular income (≤ MAD 5,200/month), often without CDI, covering new or existing.
Q.Can Daam Sakane and FOGARIM be combined in 2026?
No. The two programs are mutually exclusive since 2024: one household must choose one or the other. This incompatibility is dictated by joint circular Ministry of Housing / Bank Al-Maghrib n°2024-001. For households eligible for both (rare), Daam Sakane is generally more advantageous because it's a cash payment, not just a guarantee.
Q.Does FOGARIM still exist in 2026?
Yes, contrary to popular belief. FOGARIM actively continues operating for the modest/irregular income segment (≤ MAD 5,200/month without CDI) that Daam Sakane does not cover. In 2025, approximately 18,500 new FOGARIM files were accepted (Tamwilcom statistics).
Q.For a civil servant scale 10, is Daam Sakane or FOGALOGE Public better?
Daam Sakane without hesitation. FOGALOGE Public was effectively closed to new files in 2024 and merged into Daam Sakane. A civil servant scale 10 with ~MAD 13,500/month income is eligible for Daam Sakane Tier 2 and receives MAD 70,000 cash subsidy + bank preferential rate.
Q.Can an MRE benefit from FOGARIM in 2026?
No. FOGARIM is strictly reserved for resident Moroccans with modest/irregular income from activity in Morocco. MREs must turn to Daam Sakane MRE (eligible) or classic MRE mortgages from banks.
Q.What is the real total cost of a Daam Sakane purchase vs without?
Example: new apartment MAD 650,000 ex-VAT, 20-year loan, 4.30% APR. WITHOUT Daam Sakane: MAD 130,000 down payment + MAD 520,000 loan = MAD 3,230/month × 240 months = MAD 775,200 total. WITH Daam Sakane T2 (MAD 70,000): effective MAD 60,000 down payment + MAD 520,000 loan at preferential 3.80% = MAD 3,100 × 240 = MAD 744,000. Total savings: ~ MAD 100,000 over 20 years + MAD 70,000 down payment liberation.

Identify Your Optimal Program

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