
Audio By Carbonatix
The National Rental Assistance Scheme has expanded, with the number of beneficiaries increasing to 4,732 and total funds reaching GH¢71.7 million, the Minister for Works, Housing and Water Resources, Kenneth Gilbert Agyei has said.
Speaking at a press briefing in Accra on Wednesday [January 28, 2026], the minister said the scheme's growth followed increases in available funds and enrolment over the past two years.
Mr Agyei said the scheme started with seed funding of GH¢27 million and has grown through the rollover of principal and interest.
He said this growth allowed the government to support more tenants and over time, the principal and interest rolled over and accrued to a total of GH¢71.7 million.
He said through the administration of the scheme, beneficiary numbers increased from 2,701 in 2024 to 4,732 in 2025. The scheme is ongoing,” he said.
He explained that the scheme was designed to assist low-income tenants who face difficulty paying rent, particularly in urban areas where accommodation costs continue to rise. He said the increase in beneficiary numbers reflected wider access to the support provided under the scheme.
Mr Agyei said the government was holding discussions with other financial institutions to extend the scheme to additional regions.
He said the intention was to allow tenants across all 16 regions to benefit in the coming years
Latest Stories
-
Trump seeks $152m to reopen notorious Alcatraz prison
1 hour -
Ex-Chelsea player Oscar retires with heart issue
2 hours -
CA Foundation drives constitutional literacy in Kpone Katamanso municipality
2 hours -
GPRTU to hold talks with Transport Ministry over rising fuel costs
2 hours -
CUTS International urges gov’t to halt sachet water price hike pending cost review
2 hours -
Chief Justice: Efficient Judiciary essential to reducing business costs
2 hours -
Bayern grabs 99th-minute winner to cap superb fightback
2 hours -
Ahmed Ibrahim urges Ghanaians to reflect Easter values in nation-building
2 hours -
ECG inefficiencies undermining power supply -Mahama outlines reforms
2 hours -
Lewandowski scores as Barca fight back to defeat Atletico
2 hours -
Lack of private sector consultation undermining economic growth – Jerry Ahmed Shaib
2 hours -
Real Madrid seven points adrift after Muriqi’s late Mallorca winner
2 hours -
Ghana must lead AfCFTA implementation by example – Trade Minister Ofosu-Adjare
2 hours -
Strong Judiciary key to business confidence – Chief Justice Baffoe-Bonnie
2 hours -
Mahama announces 60-Hectare irrigation project to boost tomato production
2 hours