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
-
Missing records of illegal gold purchases in Ghana raise concern – Duncan-Williams
13 minutes -
Duncan-Williams warns of powerful interests targeting GoldBod
45 minutes -
We need to pray for GoldBod – Duncan-Williams
1 hour -
Strong favourites or tougher task – will Arsenal defend their title?
2 hours -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
2 hours -
Ariana Grande leaves problems at home as her tour hits the UK
2 hours -
Multiple suspects at large after five shot at Virginia State University, police say
2 hours -
Three killed as Russia launches fresh aerial attacks across Ukraine
2 hours -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
2 hours -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
3 hours -
Twelve killed as Polish bus veers off Hungarian motorway
3 hours -
Building Ghana better: Why architects must be at the heart of national development
6 hours -
GMet warns of severe rainstorm across northern Ghana
7 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
7 hours -
Health Ministry reviews NDC manifesto commitments
8 hours