President John Dramani Mahama has directed the Finance Minister, Dr Cassiel Ato Forson to allocate GH¢1 billion in the 2027 Budget to the National Housing Fund.

The allocation forms part of a GH¢3 billion commitment to the National Housing Fund, aimed at supporting efforts to address Ghana’s housing deficit.

The President made this known delivering his guest honour remarks at the opening of the National Conference on Housing Finance in Accra on Wednesday, October 7, 2026. 

According to the President, Ghana’s housing challenge was not only about the number of houses available, but also the ability of households to secure financing on terms they could afford.

“I have directed the Minister of Finance to allocate one billion Ghana cedis in next year’s budget as government’s contribution to the three billion revolving fund for the National Housing Fund,” he stated.

President Mahama also announced a new NHF programme, “Easy Rent” to address the burden of large upfront rent payments.

Under the programme, the NHF will pay the rent advance for a worker, who will then repay the amount monthly.

President Mahama also directed the Minister of Local Government, Chieftaincy and Religious Affairs, Mahama Ayariga, to ensure that officials responsible for enforcing building safety regulations are held accountable when structural failures occur.

He said officials whose responsibility it was to ensure that buildings were safe must be identified and sanctioned if they failed to properly enforce safety requirements.