Gov’t Launch National Affordable Housing Program

Gov’t Launch National Affordable Housing Program

Gov’t Launch National Affordable Housing Program

The Government of Ghana through the Ministry of Works and Housing has initiated a revised National Affordable Housing Programme dubbed: ‘My Home My Peace’, which adopts a pragmatic approach to address the affordability gap and improve access to housing for Ghanaians.

Given this, H.E the President, Nana Addo Dankwa Akufo-Addo has today launched the National Affordable Housing Programme and performed the groundbreaking ceremony for the Pokuase Affordable Housing Project at the project site, located at the Stadium Road-Amasaman.

Speaking at the program President Akuffo Addo indicated that Ghana’s over the years is experiencing a high Urban Population estimated to 58%, with an urbanization rate of 3.3% , making housing a critical developmental issue in the country.

According to him 5% of the population acquire homes without systems while 60% requires support facilitated by mistake to access housing meanwhile the remaining 35% of the population will not be able to access homes even if government subsidies.

In recognition of this, President Akufo Addo said government has decided a sustainable framework aim in enhancing delivery in the country. This frame work focuses on improving the overall ecosystem of housing delivery by addressing both the supply and demand size of the housing.

On the advent of Covid 19 and the Russian and Ukraine war according to the president has taught the country a lesson of not relying on imported building material for the housing and construction industry

On his part the Minister for works and Housing Francis Asenso -Boakye, said government role is to facilitate, provide
, frame work, assist and inspire.

He encourages developers to integrate by using the local building materials in the design. The minister assures that the target group to these low and middle income level are reached.

The by Fada Amakye from Daily Sun

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