NPP manifesto: Young working adults to get advanced rent loans - Bawumia
- The Vice President Dr. Mahamudu Bawumia has said the next NPP government will pay rent for young workers
- He said this is part of the government’s initiative to solve Ghana’s housing deficit
- Bawumia said this at the NPP 2020 Manifesto Launch in Cape Coast
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The Vice President, Dr. Bawumia, has disclosed that the next NPP government will offer advanced loans to working youth to pay their rents.
He said this will be realised in the next administration of the NPP should the party win the 2020 election.
The vice president said this is part of the housing policy captured in the 2020 manifesto of the party.
Source: Original
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He was speaking to invited members of the NPP at the UCC’s New Examinations Centre (NEC) Hall on Saturday, August 22, 2020, during the party’s manifesto launch.
Dr Bawumia said the government noted the market failure between what tenants want and what landlords also want which created so much inconvenience.
It is in the vein that the National Rental Assistance Scheme will be set up to advance loans to applicants, Bawumia stressed.
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He added that the loans will be paid directly to landlords to cover rent advance payments.
Bawumis revealed that a seed money of GH¢100 million will be provided for the Scheme to take off in other for the young people to rent homes with ease.
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She had earlier been slapped with a 1 million lawsuit from the camp of former president John Mahama.
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Source: YEN.com.gh
