Madam Alice Abena Ofori-Atta, Managing Director (MD) of the Tema Development Company Limited(TDCL), has stated that the company is ready to offer an unwavering commitment to bridge the housing deficit in the country through the construction of affordable houses for the public.

The MD disclosed that the construction of affordable housing units have yielded positive results since the inception of TDCL, emphasizing that, in the 70 years history of the company, each project delivered by the company was as a result of decades of experience and expertise in building and providing housing.

According to her, the Community 22 housing scheme and the Community 26 Kpone affordable housing project among other projects, are some of the areas that the TDC has chalked up some successes in the drive to offer affordable accommodation to Ghanaians.

The Managing Director further revealed that the company will continue to do its best to ensure that it achieves its noble mission of creating and managing unique and sustainable urban settlements to meet the evolving needs of residents, businesses and other stakeholders.

Affordable housing 1 — One of the affordable housing project

Completion Of Community 26 Projected

Mr Akwasi Boachie, the Manager in charge of Corporate Planning of the company, noted that in terms of affordable housing, the company recently completed a gated-community at Community 26 in Kpone.

According to him, the apartments of that community comprise studio apartments, one-bedroom standard, one-bedroom special and two-bedroom facilities numbering over 2,000 housing units.

Mr Boachie revealed that the project started in 2007 and was handed over to the TDCL in 2015 for completion. He added that the projecte was solely financed by TDCL through internally generated funds. He stated that for a record time, they had sold almost half of the anticipated 2,000 housing units.

The manager revealed that the company also embarked on a 204 housing units at Tema Community 22 under the National Homeownership Fund, which was inaugurated by President Nana Addo Dankwa Akufo-Addo in October 2020, constituting the first phase of the project.

According to him, a second face is underway, and would comprise a total of 201 housing units made up of two and three-bedroom apartments. He said with the deployment of flexible payment platforms, it was easier for potential home owners to access their houses and make payment with ease.

The Deputy Minister of Information, Fatimatu Abubakar, commended the management of the TDCL for striving to be self-sustaining, and encouraged the public to patronise the TDCL in order to access affordable housing units.

The Director-General of the State Interests and Governance Authority (SIGA), Edward Boateng, noted that in spite of the existing huge housing deficit that still confronted the country, the TDCL had played its part in helping to address the situation by managing to deliver and bridge the gap, especially for the middle and lower income earners.

Mr Boateng opined that a look at the revenue mobilisation drive of the TDCL suggested that it was no wonder that the company emerged the best performing state-owned enterprise in the maiden Public Enterprises League Table Awards.

The Public Enterprises League Table is an innovation by the minister of public enterprises to assess the performances of specified entities regarding compliance.