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Ghana secures $35.5m housing financing as it moves to assess challenges with the sector

By GhanaSummary Newsroom1 min read
Ghana secures $35.5m housing financing as it moves to assess challenges with the sector

5 million through the country's partnership with the Shelter Afrique Development Bank to support housing and mortgage financing, as it launches a comprehensive assessment to address the country's persistent housing deficit.

The assessment, known as the Ghana VIRAL Model Assessment, is expected to identify the policy, institutional, regulatory, and financing barriers that are slowing the delivery of affordable housing and to provide a roadmap for attracting greater investment in the sector.

The findings from the assessment are expected to inform discussions at the National Conference on Housing Finance later this year, where policymakers, financial institutions, developers and other industry stakeholders will consider reforms aimed at expanding affordable housing finance and increasing investment in the sector.

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