Mahama announces GH¢1bn allocation for revolving National Housing Fund

Mr Prosper Hoetu, Chief Executive Officer of the National Housing Fund Limited, said Ghana needed a housing finance system that recognised the different circumstances of households and provided multiple pathways to home ownership.

Mr Ahmed Ibrahim, Minister of Works, Housing and Water Resources, in a speech read on his behalf, proposed that the conference be institutionalised as an annual National Housing Finance Conference.

President Mahama said the transition from the National Home Ownership Fund Limited to the National Housing Fund Limited was intended to broaden the institution’s mandate.