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Business News of Friday, 12 July 2024

Source: Ministry of Works and Housing

200 SHC homes at Amrahia reach 75% completion

The project is part of a broader initiative to provide affordable housing across the country The project is part of a broader initiative to provide affordable housing across the country

The government's plan to address the country's housing deficit is taking shape with the near completion of 200 housing units at Amrahia.

The units, constructed by the State Housing Company (SHC) in partnership with private developers, are part of a broader initiative to provide affordable housing across the country.

During a working visit to the site on Wednesday, July 10, 2024, the Minister for Works and Housing, Kojo Oppong Nkrumah, expressed satisfaction with the project's progress.

"We commend the management and the Board of State Housing for the work you are doing here at Amrahia. Two hundred homes on a 40-acre parcel of land, about 75% complete, is a significant achievement. We're happy to come and see for ourselves, and we're asking you to meet the timeline so that people can make use of this as quickly as possible," the Minister stated.

He added that this is in addition to government efforts to construct affordable homes across the country, including at Dedesua in the Ashanti Region and Pokuase in the Greater Accra Region. These efforts are also complemented by the redevelopment of the Saglemi housing units, which, per its scope, will deliver 1,500 housing units, scaled down from 5,000.

The Minister's visit included tours of other key sites, such as the Legacy Court, where 70 abandoned affordable housing units are being redeveloped, and the SHC Court, all of which are in Adenta.

Providing details on the types of units being constructed, Managing Director of the State Housing Company (SHC), Kwabena Ampofo Appiah, stated that the project includes 2, 3, and 4-bedroom units, with variations designed to suit different income levels. He expressed enthusiasm about the progress and the potential impact of the project.

"This project showcases what can be achieved through strategic partnerships and government support. We are confident that these homes will set a new standard for affordable housing in Ghana, providing quality and cost-effective living spaces for our citizens," he said.

Meanwhile, the government is piloting a set of housing incentives aimed at encouraging private developers to undertake large-scale housing projects in the country.

This initiative, currently being piloted with the SHC, is set to significantly reduce construction costs and expedite housing delivery.

These incentives include strategic collaboration by key Ministries and Agencies to handle the provision of essential infrastructure like roads and water systems to lower the cost of construction for developers.