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
-
Tyson Fury dominates Makhmudov, calls out Joshua next
3 minutes -
I have supported highway authority financially to fix roads in my constituency – A Plus
1 hour -
US, Iran fail to reach peace agreement after marathon talks in Pakistan
2 hours -
ECG kicks off Phase Two of transformer upgrades at Lashibi; brief outages expected
2 hours -
Port crises loom as 11,000 drivers threaten four-day strike
3 hours -
A source of excellence across generations – Vice President Opoku-Agyemang lauds Mfantsipim
4 hours -
(Photos) Mfantsipim School launches historic 150th anniversary
4 hours -
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
5 hours -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
6 hours -
Monetise Idiocy In Ghana
6 hours -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
6 hours -
Nearly 400 sentenced in Nigeria for links to militant Islamists
7 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
7 hours -
Methodist Church hails Mfantsipim@150; calls for “fresh consecration” to excellence
7 hours -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
7 hours