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Over 2,000 Ghanaians apply for National Rental Assistance Scheme

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Over 2,000 Ghanaians have applied for the National Rental Assistance Scheme (NRAS), according to Rent Control Ghana. The head of public relations at Rent Control Ghana, Emmanuel Hovey Kportsu, made this known on Adom FM’s Burning Issues show, hosted by Akua Boakueywaa Yiadom.

The NRAS was launched by Vice President Dr. Alhaji Mahamadu Bawumia on February 1, 2023. The first phase of the scheme, which will be implemented with GH¢30 million, aims to provide rent loans to both formal and informal sector workers with verifiable and regular income.

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This will enable eligible Ghanaians to pay low monthly rent and remove the need for rent advance payment within five regions – Greater Accra, Ashanti, Western, Eastern, Bono East, and Northern.

To be eligible for the scheme, an individual must be a Ghanaian, possess a valid Ghana Card, be 18 years or older, have verifiable employment and earned income, and have a verifiable bank statement or mobile money statement. Rent payable must not exceed 30% of the household income.

Despite doubts about the viability of the scheme, Kportsu said that the feedback they have received two months after the launch of the programme has been massive.

However, there appears to be a delay in the disbursement of funds because the majority of applicants did not complete the process, which includes paying GH¢100 to have their application validated.

Kportsu assured the committee in charge of the process that the exact number of those whose applications have been validated will soon be released.

Interested parties can apply for the NRAS by logging on to www.nras.gov.gh.

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