Following the launch of the National Rental Assistance Scheme (NRAS) in six operational regions namely Greater Accra, Eastern, Western, Ashanti, Northern, and Bono East in January this year, about One Thousand, One Hundred and Five (1,105) Ghanaians are currently having their rent advance paid for by the Scheme.
This means that the burden of rent advance charged by landlords have been removed, thereby enabling beneficiaries to pay their rent on a monthly basis.
Responding to questions on the floor of Parliament on the status of the Scheme since its implementation, the Sector Minister, Hon. Francis Asenso Boakye, disclosed that the Scheme pays an average of about GH₵12,477 per beneficiary.
These payments, Hon. Asenso-Boakye indicated, have been made possible by the disbursement of GH₵13,785,597.00 so far to the NRAS. He added that, “the Ministry will continue to update on the operations of the Scheme, in the spirit of transparency and accountability.”
It will be recalled that the National Rental Assistance Scheme was conceived by the Government as a result of the high demand for affordable rental housing and with the ultimate aim of streamlining the processes for accessing rental accommodation for lower-income households, towards improving the quality of rental accommodation in the country.
Having successfully launched and operationalized the Scheme in six regions, Hon. Asenso-Boakye said the Ministry intends to make the Rent Scheme accessible to people throughout the country. “We will continue to collaborate with key stakeholders, including the private sector to deliver viable solutions to address the housing challenges in the country.”