Deputy Chief of Staff reaffirms Govt’s commitment to complete stalled housing projects
Access to affordable housing could soon become a reality for many Ghanaians, as the government announces renewed efforts to complete stalled and abandoned housing projects across the country.
Speaking at the National Home Ownership Fair in Accra on March 4, 2026, Ghana’s Deputy Chief of Staff, Oye Bampoe Addo, reiterated the resolve to revive and complete abandoned housing projects nationwide.
The Government Official noted that, “Government has pledged to complete all ongoing housing initiatives, beginning with the long-delayed projects such as the Saglemi affordable housing project. This commitment signals a determination to finish what was started and to unlock stalled investments in the housing sector.”
Meanwhile, the Chief Executive Officer of the National Homeownership Fund, the state agency mandated to expand access to affordable mortgage financing disclosed plans to introduce single-digit mortgage rates under the National Mortgage Scheme.
According to the Fund, declining interest rates and improved macroeconomic conditions have created room to make mortgage financing more affordable, particularly for low and middle-income earners.
Ghana continues to grapple with a housing deficit estimated at about 2 million units. Despite the growing demand, several affordable housing projects have remained uncompleted, raising concerns about successive governments’ commitment to addressing the shortfall.
Source: Classfmonline.com
Trending Business

COPEC projects marginal fuel price changes for early March 2026
03:06
TCDA eyes tree crops diversification for growth and job creation
01:23
SIC Insurance strengthens ties with Mon-Trans Limited
08:13
Mahama commits $500m to expand oil palm as TCDA targets $12b export boost
01:17
Deputy Chief of Staff reaffirms Govt’s commitment to complete stalled housing projects
06:44
Economist urges African nations to shift reserves from dollar assets to gold
01:03
NPA delegation inspects Tema Oil jetty for 24-hour operations
06:42
GOLDBOD reminds licensees to submit monthly transaction reports
18:37
MP blows alarm on sale of Ghana's 18 tonnes of gold reserve
06:17
Stanbic Bank Ghana leads USD 205 million financing deal for Engineers & Planners
15:50


