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
-
Democrats ask judge to block Trump order tightening mail-in voting
31 minutes -
In prime-time address, Trump tells wary public Iran goals nearly achieved
42 minutes -
Republicans unveil plan to end partial government shutdown
53 minutes -
Elon Musk’s SpaceX moves to become a publicly traded company
1 hour -
UK Chancellor Rachel Reeves says she’s angry at Trump’s decision to launch war with Iran
1 hour -
Food lovers in Wa urged to embrace Ghanaian cuisine at ‘Upper West Pot’ event
3 hours -
Ghana losing mining investment over ‘punitive’ tax regime – Minority caucus
3 hours -
Lawra MP breaks ground for Birifoh SHS headteacher’s bungalow as traditional council demands wall, furniture
3 hours -
Trump signs executive order attempting to change mail-in voting
4 hours -
US Supreme Court appears sceptical of US birthright citizenship challenge
4 hours -
Tiger Woods declines US Ryder Cup captain role in 2027
4 hours -
Chelsea lead Premier League’s record £460m spend on agent fees
4 hours -
Lamine Yamal condemns racist abuse aimed at Egypt
4 hours -
How to check 2026 WASSCE Private First Series results
4 hours -
Captain Donnarumma vows to restore Italy after heartbreak
4 hours