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We’ll finish all abandoned housing projects – Deputy Chief of Staff assures Ghanaians

Nana Oye Bampoe Addo Nana Oye Bampoe Addo  Nana Oye Bampoe Addo  FotoJet 9 The government has reaffirmed its decision to develop all stalled housing projects

Thu, 5 Mar 2026 Source: www.ghanaweb.com

Deputy Chief of Staff Nana Oye Bampoe Addo has reaffirmed the government’s commitment to completing all stalled housing projects initiated under the previous Nana Akufo-Addo administration.

Speaking at the two-day National Home Ownership Fair held in Accra on March 4, 2026, under the theme “Building Ghana: One Home at a Time,” Nana Oye Bampoe Addo noted that access to affordable housing remains a major challenge in the country.

According to her, these challenges over the years have pushed home ownership beyond the reach of the average Ghanaian worker. She stressed that the government remains committed to completing all outstanding housing projects, including the Saglamie Affordable Housing Project.

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“...These structural constraints have historically pushed home ownership beyond the reach of the average Ghanaian worker. From the outset, the government pledged to complete all ongoing housing initiatives, beginning with long-delayed projects such as the Saglamie Affordable Housing Project.

“This commitment signals a determination to finish what was started and to unlock stronger investments in the housing sector. We all agree that access to decent and affordable housing forms a key pillar of the Government of Ghana’s Reset Agenda,” she said.

The Deputy Chief of Staff also outlined measures the government is taking to ensure that mortgage financing becomes more accessible to households across the country.

According to her, the government is strengthening collaboration with the private sector, including the National Homeownership Fund, while ensuring that developers under such schemes operate transparently and in line with national housing policies.

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“To this end, the Government of Ghana is committed to stimulating private sector investment in housing delivery. Central to this effort is the National Homeownership Fund, which was established to address one of the most critical barriers to home ownership in Ghana: the lack of long-term, affordable housing finance.

“This intervention is particularly important in a context where mortgage penetration in Ghana remains below 1% of GDP and where interest rates have historically been high, making mortgages inaccessible to most households. The NHF is therefore not just a housing financing institution; it is a structural state reform tool,” she added.

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Source: www.ghanaweb.com