The CEO of National Homeownership Fund, Prosper Hoetu, has appealed to financial institutions to help grow the mortgage market
He made the point that a buoyant mortgage market will ensure more products are promoted tf more workers to access.
Speaking during a thought leadership forum on the theme ” Blueprint to Brick: Making Affordable Housing Work” organised by Media General on Tuesday, September 23, he said, financing is the main issue facing the housing sector.
“Help us grow the mortgage market. to promote competition so that different kinds of products can be promoted for Ghanaian workers to access,” Mr Hoetu said.
He noted that developers are looking for cheap resources to enable them to develop affordable housing.
To address the housing challenge, he said, there is a need for a statutory fund that will go into housing.
“Addressing the demand and supply requires financing, that is the bottom, the developer needs resources to invest in housing.”
