By Nelson Ayivor
Ordinary Ghanians will soon become homeowners following government’s announcement to begin enrolling prospective homeowners into affordable housing units under the National Homeownership Fund (NHF).
The initiative is part of the government’s broader strategy to expand access to affordable housing and reduce the country’s housing shortfall, particularly among working-class citizens struggling to secure decent accommodation.
Works, Housing and Water Resources Minister, Kenneth Gilbert Adjei, made the disclosure, Monday, February 2, after inspecting ongoing housing projects at Shai Hills and Tema Community 22.
According to him, the housing units, which are nearing completion, are primarily targeted at low- and middle-income earners as part of efforts to address Ghana’s housing deficit.
“The houses are almost 95 and 98 per cent completed. Meaning we can start signing agreements with people to win the place, either rent-to-own or the NHF will help some of them to put them on mortgage schemes that they have established with the banks,” he stated.
The NHF he said, was partnering financial institutions to provide flexible mortgage arrangements to make homeownership more accessible to ordinary Ghanaians, insisting that the initiative forms part of a broader national development strategy to improve living standards, reduce slum expansion, and promote planned urban growth.
Some residents in Accra welcomed the initiative but expressed cautious optimism.
“We’ve heard many housing promises before. If this one is real and affordable, it will change lives,” said a trader at Makola Market.
Others called for clear eligibility criteria and transparent allocation processes to avoid past controversies associated with public housing projects.
If successfully implemented, the programme could mark a significant step toward ensuring that ordinary Ghanaians move from perpetual tenancy to secure home ownership—turning what has long been a distant aspiration into an achievable goal.