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OSHAKATI. — The Namibian government will subsidise its national mass housing project of 185 000 units with up to 60 percent of the price for low-income earners, President Hifikepunye Pohamba announced yesterday.
“Subsidies for different categories of houses provided by government under this programme range from 60 percent to 50 percent of costs of a house,” Pohamba said at a handing over of 65 houses to beneficiaries at Oshakati in north-central Namibia. “Thousands of our people need houses as a matter of urgency and we are determined to address the housing backlog.”
Early last year Pohamba established a national mass housing committee chaired by him to embark on the programme, which kicked off a year ago.
Around 45 000 houses will be constructed countrywide until 2030 with a total budget of 45 billion Namibian dollars. It is the largest project undertaken by the government. Details about subsidies for low-income earners have to date not made public.
During the two-year pilot phase which ends in 2015, about 8 500 houses will be constructed. Project implementation is handled by the government’s National Housing Enterprise (NHE). — Sapa.
Online Reporter