John Dramani Mahama is the President of Ghana
During his campaign for the 2024 general elections, John Dramani Mahama announced plans to introduce a housing programme targeted at fixed-income earners if elected into office.
He stated that workers nearing retirement would be given the opportunity to purchase homes of their choice at low interest rates, with payment spread out until they retire.
Mahama shared this commitment during a community engagement in Fumbisi.
Read the full story originally published on August 11, 2021 by www.ghanaweb.com.
The Presidential aspirant of the National Democratic Congress (NDC), John Dramani Mahama, has promised that his government when voted into office will introduce a housing programme for fixed-income earners.
He said workers who have a few years to retire will have the opportunity to pay for houses of their choice at low interest rates till they retire.
According to Mahama, the workers will choose which locations they would want to build their houses to be situated at.
Speaking at a community engagement at Fumbisi, he said: “Government workers or anybody who works in the formal sector, we are introducing a housing program for you. So, if you are working and you have an income and you have at least 15 to 20 years of your working life left, we will give you the design of a house in cedis not in dollars.
Fixed-income earners to pay for houses in cedis under special programme – John Mahama promises
“The house will be built and we will deduct it from your salary, month after month for 15 years or 20 years, till you finish paying for it. So, teachers, daughters, nurses, anyone that has a fixed income you can benefit from this programme. You can either build it in your hometown or where you are working so that you don’t have to pay rent. You will pay in cedis not in dollars at a low interest rate,” he said.
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