In a significant step towards addressing Ghana’s pressing housing needs, President Nana Addo Dankwa Akufo-Addo initiated the construction of 8000 affordable housing units at Pokuase, near Amasaman in the Greater Accra Region. This marks the launch of the revamped National Affordable Housing Programme, which aims to bridge the affordability gap and improve access to housing for Ghanaians. The multi-dwelling public-private partnership project will offer studio, one-bedroom, two-bedroom, and three-bedroom apartments, with prices starting at $13,800.
During the first phase, 4000 apartments will be built within 18 months, followed by the completion of the remaining 4000 units in the second phase within the same timeframe. The government will subsidize housing units with land and infrastructure under the revised National Affordable Housing Programme, while private developers will secure funding for the apartments on a cost-recovery basis. With an urbanization rate of 3.3% and a housing deficit of 1.8 million units, the President emphasized that the project reflects the government’s unwavering commitment to prioritize housing as a fundamental need for all citizens and address the diverse housing needs of the Ghanaian people.
