Government ties down 4,500 sections of land to assemble more affordable houses

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The Works and Housing Minister, Francis Asenso-Boakye has reported that the public authority has tied down 4,500 sections of land to assemble more moderate houses to diminish the nation’s lodging shortfall, a Myjoyonline.com publication demonstrates.

As per him, under the National Affordable Housing Program, the land got has been reserved for reasonable lodging development at Amasaman, Amrahia and Afienya, all in the Greater Accra Region and Dedesua in the Ashanti Region.

Talking at a question and answer session, Sunday, Mr Asenso-Boakye said, “the Lands Commission has initiated overview works at the locales for the sole reason for creating administration land banks for the moderate lodging program.”

He expressed that with the nation’s lodging shortage assessed at in excess of 2,000,000 lodging units, 60% of Ghana’s populace need some type of government help to help them access lodging, consequently the requirement for government’s mediation.

On subsidizing, the Works and Housing Minister said the public authority will give motivator bundles accessible in the law to draw in designers and financial backers willing to accomplice government in moderate lodging.

“It is visualized that with the right home loan plan being guided together by the Ministry of Finance and the Ministry of Works and Housing under the National Housing and Mortgage Fund, banks can use on a dependable home loan framework, to give long haul contract financing to imminent homebuyers,” he added.

Mr Asenso-Boakye expressed that administration accepts this is perhaps the surest approaches to tie down manageable financing for the low to center pay workers.

Remarking on deserted tasks initiated under past organizations, including the dubious Saglemi project, Asenso-Boakye said the public authority is resolved to finish all current and slowed down projects inside the present moment.

“This year, this administration won’t renege on its obligation to guarantee that Ghanaians acquire an incentive for cash. The public authority has investigated a few different ways on the ways forward and at the ideal opportunity, we will impart government’s picked alternative to the great individuals of Ghana,” he added.

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