Audio By Carbonatix
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.
Latest Stories
-
Dr Bawumia can bounce back to win Ghana’s 2028 presidency – Kyei-Mensah-Bonsu
15 minutes -
ECG schedules outages on Tuesdays for Ahodwo-Santasi transmission lines relocation
17 minutes -
Female Israeli soldiers rescued after being chased by ultra-Orthodox men
17 minutes -
GCB Bank PLC prepares to launch non-interest banking window following high-level talks with IIFM
21 minutes -
GPL 2025/26: Kotoko title hopes dented after Hearts of Oak loss – Interim coach
24 minutes -
Ghana Tree Crops Investment Summit 2026 to convene global stakeholders, targeting US$500m in sector investment
33 minutes -
Expert warns feminized AI may reinforce gender stereotypes
35 minutes -
Sinapi Aba apprenticeship program graduates 290 youth in Koforidua and Suhum
51 minutes -
Kyei-Mensah-Bonsu calls for separation of Parliament and ministerial appointments
56 minutes -
GPL 2025/26: Hearts of Oak must ‘win games’ to become champions – Didi Dramani
59 minutes -
Ghana Embassy in Washington launches investment drive in California
1 hour -
GNAT condemns attack on WASS teachers, vows zero tolerance for violence
1 hour -
ICGC The Royal Temple donates over GH¢50,000 worth of items to Akropong School for the Blind
1 hour -
The speaker should be a member of Parliament—Kyei Mensah-Bonsu
1 hour -
Minority in Parliament doing their best under difficult circumstances – Kyei Mensah- Bonsu
1 hour
