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Home General News

Asenso Boakye urges private developers to support affordable housing strategy

By Paul Nyojah Dalafu

dailystatesman by dailystatesman
April 27, 2022
in General News
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Asenso Boakye urges private developers to support affordable housing strategy

Francis Asenso-Boakye, Works and Housing Minister, addresses the gathering

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The Minister of Works and Housing, Francis Asenso-Boakye, has called on private developers, including members of the Ghana Real Estate Developers Association (GREDA), to embrace the revised strategy of government in the provision of mass affordable housing to middle to low-income earning Ghanaians.

The Minister made the call when he addressed a gathering at the grand opening of “Rehoboth Knightsbridge, Kwabenya”, an affordable housing project by Rehoboth Properties Limited in Accra.

He noted that consequent to the huge housing deficit in the country, government had revised its strategy on affordable housing by providing free land banks with requisite infrastructure to the designated sites.

Mr Asenso-Boakye said apart from the free land and infrastructure services to these sites, government is providing tax incentives to participating developers with the aim of making the cost of construction much lower, thereby making the houses truly affordable.

Collaboration

To this end, he charged all private developers, especially members of GREDA, to collaborate with government in this course.

The Minister commended management and staff of Rehoboth Properties Limited for their contribution to the provision of affordable housing in Ghana with the opening of Knightsbridge Kwabenya.

“I commend the management and staff of Rehoboth Properties Limited for staying committed to the noble cause of providing affordable homes to our people. As a government, we are committed to creating the enabling environment for the housing sector to thrive,” he added.

The Managing Director of Rehoboth Properties, Gideon Ayiku Akrofi, indicated that the Knightsbridge Kwabenya affordable housing project is a strategic move to provide decent homes for all Ghanaians and to bridge the gap between high income earners and middle to low-income earners.

The event was attended by notable dignitaries, including former Speaker of Parliament Prof. Mike Aaron Oquaye; the Archbishop of Action Chapel International, Nicholas Duncan Williams; renowned clinical psychologist Prof. Angela Ofori-Attah; Managing Director of ECOBANK, Dan Sackey; and President of
Ghana Real Estate Developers Association (GREDA), Patrick Ebo Bonful.

Tags: Francis Asenso-BoakyeGhana Real Estate Developers Association (GREDA)Ministry of Works & Housing
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