Government is set to begin the roll-out of the National Rental Assistance Scheme to help Ghanaians acquire decent homes.
The project will be a partnership between the government and the private sector with a GH¢100 million capital.
According to Majority Leader, Osei Kyei Mensah Bonsu, who presented the 2021 budget to parliament, the scheme will help eligible Ghanaians pay their rent in advance thereby reducing the financial burden that comes with acquiring a home.
“Mr. Speaker, in partnership with the private sector, we will commence the establishment of a National Rental Assistance Scheme (NRAS), with a seed of GH¢100 million”, he said.
“The scheme will crowd-in additional investment from the private sector, to provide low-interest loans to eligible Ghanaians to enable them pay rent advance”, he noted.
- Charles Bissue will not turn himself in despite court order for his arrest – Lawyer
- Court of Appeal Judge to be investigated for ‘suspicious ruling’
- Gold for Oil policy cornering BDCs – Dr. Ofori
- Ras Nene confronts Achimota Mall security for stopping his team from filming
- Contact NCA if you are without Ghana Card and your SIM has been deactivated – Ursula
- Playback: Burial service of The Multimedia Group’s Lead Camera Technician Modestus Zame
- 2022/23 GPL final day: Medeama and Bechem title tug of war, Hearts of Oak’s relegation threat
- The Multimedia Group’s Lead Camera Technician, Modestus Zame laid to rest
- Minority warns against turning Green Ghana Day events into corruption schemes
- If Funny Face and I get back together, you’d just be the fool – Vanessa mocks naysayers
- Asantehene leads tree planting in Kumasi as part of Green Ghana Day initiative
- Johnnie Walker Black Label and Red Label ‘step out of boxes’
- Sankalp West Africa Summit 2023 on entrepreneurship slated for June 12
- French Open 2023: Novak Djokovic through to final after Carlos Alcaraz injury
- Man Utd owners spoke to PSG chairman about Sheikh Jassim bin Hamad Al Thani’s bid
- We need to join forces in fighting deforestation in Ghana – German Ambassador urges government
- Photos from burial service of The Multimedia Group’s Lead Camera Technician, Modestus Zame
- Karpowership and TTU give Subri River Reserve life with tree planting exercise
- SDGs Advisory Unit partners with Forestry Commission to plant 1000 seedlings
- Sudan rivals agree 24-hour truce, Saudi Arabia says
- Burkina Faso offers bounty for 20 ‘wanted terrorists’
- Boy, 14, hired to animate Spider-Man film
- OSP’s invite should extend to current IMCIM members – Dr Ken Ashigbey
- I wish Ghana could be like Germany – Prof Frimpong-Boateng on Green Ghana project
- Ghana returns to gold top spot as output jumps 32%