Landmark 100 000 affordable homes initiative for Ghana moves forward

As part of the agreement, under UNOPS Social Impact Investment Initiative (S3I), the organization and its partners seek to attract $436 million worth of investment to deliver at least 100,000 affordable homes across the country.

The project, which will last between six and 10 years, will also provide job opportunities for local communities nationwide and help alleviate the housing crisis in Ghana.

The agreement is a major milestone in UNOPS commitment to foster innovative financing for the Sustainable Development Goals (SDGs) and will help the government of Ghana open access to sustainable, affordable and environmentally sound housing for its citizens.

“There is great potential to improve access to sustainable and resilient housing for thousands of people in Ghana,” said Grete Faremo – Under-Secretary-General and UNOPS Executive Director.

The 100,000 houses are to be constructed using energy-efficient solar rooftops, and manufactured locally, which will provide up to 3,000 jobs for local people.

Original source: UNOPS
Published on 24 January 2019