The Ghana Union of Traders’ Associations (GUTA) has expressed its heartfelt appreciation to the government, especially, the Ministry of Works and Housing for including traders as beneficiaries of the affordable housing scheme for the low-and middle-income earners in the Ghanaian society.
According to GUTA, given the serious housing deficit in the country, traders deem this scheme a golden opportunity to own houses. The idea, therefore, is in the right direction because shelter is one of the three main basic human needs.
“GUTA also extends its appreciation to the banks and the estate developers for expressing their preparedness to partner and effectively collaborate with us to help traders to purchase the houses and make the scheme a great success; and Finally, GUTA wishes to humbly appeal to the government to extend the project to the other regions of the country to enable traders out there to also benefit from this laudable scheme, May God richly bless us as a people and a nation,” a statement issued by GUTA General Secretary, Alpha Abdulah Shaban and Benjamin F. Yeboah, Director of Welfare said.
The Akufo-Addo government has revealed the prices of the 8,000 affordable housing units to be constructed at Pokuase in Accra, ranging from almost US$14,000 to a little over US$42,000.
These prices are categorized according to the type and size of the housing units.
The studio house, covering 32 square meters, is the most affordable option priced at US$13,800. The one-bedroom house, spanning 48 square meters, will be sold at US$20,700. For those seeking larger accommodations, the two-bedroom and three-bedroom houses, measuring 80 square meters and 100 square meters respectively, are priced at US$34,500 and US$42,550.
The Ministry of Works and Housing clarified that developers cannot exceed the set price ceilings for the housing units but are allowed to sell below those fixed prices. This move aims to ensure affordability and accessibility for potential buyers.
The ministry further explained that the government has subsidized the cost of these housing units by providing land and on-site infrastructure, effectively making them affordable for the public. To ensure that this subsidy directly benefits the buyers, the government collaboratively worked with developers to agree on the price ceilings.
Source: Kasapafmonline.com
