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
-
MTN Ghana honours 50 Mobile Money agents and merchants in Central Region
2 seconds -
Ghana, Russia launch decade-long literary exchange to promote indigenous languages
5 minutes -
Tanyigbe Traditional Council reaffirms the authority of Togbega Kodi Adiko VI
6 minutes -
Korle Bu Mortuary: 320 unclaimed bodies set for mass burial
17 minutes -
KBTH to hold mass burial for unclaimed and unidentified bodies
23 minutes -
Eastern Region emerged NPP’s strongest performer in 2024 parliamentary polls – Bryan Acheampong
30 minutes -
Central Region: FDA urges extreme caution in Christmas shopping
43 minutes -
Klokpo Festival: Culture, unity and development take centre stage in Bakpa
48 minutes -
MPs, DCEs urged to partner chiefs to accelerate Tongu development
1 hour -
I’ll restore discipline in the NPP—Bryan Acheampong
1 hour -
From North to South: The waste pipeline ends now
1 hour -
Former NBA star impressed with ‘Her Time To Play’ basketball initiative in Ghana
2 hours -
PUWU-TUC opposes gov’t’s move to appoint transaction advisor for ECG privatisation
3 hours -
Alhassan Suhuyini criticises court ruling limiting journalists’ reporting on corruption
3 hours -
Is Climate Financing Helping African Businesses Grow?
3 hours
