Final construction work on the 5,000 affordable housing units has begun.<\/p>\n
The housing units, which form part of government’s plan to halve the over 1.7 million housing deficit by 2016, is meant for low and middle income earners.<\/p>\n
Work on the project stalled due to some financial challenges.<\/p>\n
But speaking at the launch of the 2014 building construction and property exhibition in Accra, a deputy Minister of Water Resources, Works and Housing, Johnny Osei Kofi said\u00a0government in partnership with some private investors will soon complete the project.<\/p>\n
[contextly_sidebar id=”4XfuV4MLfvJCpyuYVRj1ZaV4Sq63304i”]\u201c Im happy to announce to you that the affordable housing programme that began in 2005 with the objective of providing accommodation for low to middle income earners in the country has been revamped,\u201d the Minister revealed.<\/p>\n
He said his Ministry is “currently partnering with the Social Security and National Insurance Trust (SSNIT), Tema Development Corporation and other developers to complete the project” which came to a standstill.<\/p>\n
Mr. Osei Kofi confirmed that contractors have resumed work at Kpong, adding that \u201cwork will soon begin on the other locations in the other regions as soon as the necessary consultations are concluded.\u201d<\/p>\n
He also revealed that work on 33 housing units for the security agencies is progressing steadily in Tema.<\/p>\n
\u201c The project is in two phases.The first phase of 168 housing units have been completed,waiting commissioning by his excellency the President while the second phase is progressing steadily,\u201dMr. Osei Kofi said.<\/p>\n