The Chartered Institute of Realtors (CIR) and the Chamber of Real Estate (CRE) introduced the Universal Village project last Friday, a groundbreaking social housing initiative aimed at tackling Ghana’s housing deficit. Launched by notable dignitaries, including Lebanese Ambassador Maher Kheir and social housing consultant Dr. Mark Nii Akwei Ankrah, the project offers affordable, sustainable homes for those in need.
At the CIR Summit 2024, industry leaders celebrated the initiative as a strategic solution to the country’s housing challenges. The Universal Village will provide a range of housing options, from studio units to one- and two-bedroom homes, targeting individuals living in informal structures like kiosks and containers. These makeshift dwellings contribute to poor sanitation in urban areas, and the project aims to offer healthier alternatives.
“We believe that everyone deserves a decent and affordable place to call home,” said Dr. Mark Ankrah. The project plans to build 100,000 homes across various locations in Ghana, incorporating modern amenities such as green spaces, commercial centres, schools, religious structures, and transportation hubs.
Dr Ankrah emphasized the significance of the initiative, stating, “The launch of Universal Village is a testament to our commitment to social responsibility.” CIR and CRE, along with international development partners and private investors, are leading this transformative housing effort.
The project not only aims to provide homes but also to boost the economy by creating jobs in the construction sector and promoting sustainable urban development across Ghana.
