The housing deficit in Ghana has significantly reduced from 2.8 million in 2010 to 1.8 million in 2021, representing a 33% decrease, according to the Minister of Works and Housing, Kojo Oppong Nkrumah.
Addressingthe media on Monday, the Minister noted that while the progress is commendable, more innovative solutions are required to fully address the housing needs of Ghanaians.
"Since 2017, this government has remained steadfast in its commitment to providing decent, safe, secure, and affordable housing for all citizens"
"The reduction in the housing deficit highlights our efforts, but we are aware that more needs to be done to ensure that every Ghanaian has access to adequate housing," Mr. Oppong Nkrumah said.
He emphasized that housing is not just a basic necessity but a fundamental right, noting that a secure, decent, and affordable home is essential for personal well-being, security, and economic growth.
The Minister outlined key initiatives undertaken by the government, including resolving stalled housing projects, fostering public-private partnerships (PPPs), and developing sustainable financing models for housing projects.
Mr. Oppong Nkrumah also highlighted significant developments in ongoing housing projects, such as the Pokuase-Afiaman Affordable Housing Project and the Kpone Affordable Housing Project.
These projects, he said, are part of broader efforts to expand housing accessibility in urban areas, with the goal of creating sustainable communities equipped with essential infrastructure.
"The government's new PPP approach will ensure that the private sector drives the growth of the housing sector, minimizing the risk of stalled projects while promoting inclusive economic growth," the Minister added.
The Kpone project, initially started under former President John Agyekum Kufuor, has so far delivered over 1,000 housing units, with plans to add 800 more in its upcoming phase.
These initiatives, Oppong Nkrumah emphasized, will further enhance housing accessibility and address the critical housing shortage, particularly in the Greater Accra and Tema regions.
With a strong focus on infrastructure development, the Minister affirmed that the government's commitment to addressing the housing deficit remains unwavering.
Story by: Joshua Kwabena Smith
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