• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, May 9, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

President Mahama Launches 1,000-Unit Green City Housing Project

Evans Junior Owuby Evans Junior Owu
May 9, 2026
Reading Time: 6 mins read
President Mahama at the launch of the Green City Housing Project in Dedesua

President Mahama at the launch of the Green City Housing Project in Dedesua

President John Dramani Mahama has officially broken ground for the construction of a 1,000 unit Green City Housing Project at Dedesua in the Bosomtwe District of the Ashanti Region, describing the initiative as a critical intervention in Ghana’s growing housing crisis.

Speaking at the sod cutting ceremony, the President said the project marks the beginning of a new phase in Ghana’s housing development agenda and reflects government’s commitment to expanding affordable and sustainable housing across the country.

The project is situated on 200 acres of land made available by Otumfuo Osei Tutu II, whom the President praised for his continued dedication to the welfare and advancement of the Ashanti Kingdom.

“The decision to site this project here is both symbolic and fitting, and we are very grateful for your generosity in making this land available”.

President John Dramani Mahama

Ghana’s Housing Deficit Deepening

President Mahama noted that Ghana’s housing challenges have become increasingly severe over the years due to rapid urbanization, rising land prices, escalating construction costs, and limited access to long term financing.

ADVERTISEMENT

According to him, the country’s housing deficit has now exceeded 1.5 million units, leaving many Ghanaians unable to access decent accommodation. “This reflects years of failing supply short of demand,” he said.

Mahama @Green City Housing Project 6
President Mahama Launches 1,000-Unit Green City Housing Project 7

The President warned that without urgent and large scale interventions, Ghana’s growing urban population could worsen pressure on housing infrastructure, particularly in major cities.

“Today, more than half of the population of Ghana lives in urban areas, and projections indicate that this could rise to about 70 percent of our population living in urban areas by the year 2050”.

President John Dramani Mahama

He added that cities such as Accra, Kumasi, and Takoradi continue to experience increasing migration from other parts of the country, making the need for sustainable housing development more urgent. “We do not therefore act urgently and at scale to accommodate what we are experiencing today,” he cautioned.

Green City to Deliver Modern Housing Community

President Mahama described the Green City Housing Project as a modern and integrated community designed to combine quality housing with environmental sustainability.

Mahama @Green City Housing Project 1
President Mahama at the launch of the Green City Housing Project in Dedesua

According to him, the project will provide more than 1,000 housing units while creating employment opportunities and stimulating economic activity within the Bosomtwe District.

“This housing project is situated on 200 acres of land generously made available by His Royal Majesty Otumfuo Osei Tutu II. This project will deliver more than 1,000 housing units within a carefully planned and integrated community.”

President John Dramani Mahama

The President explained that the development is intended to go beyond shelter by creating a safe, affordable, and dignified environment for residents. “It is about building a complete, liveable community that is safe, affordable, and dignified.”

He further indicated that the project would support local businesses and generate lasting economic opportunities for surrounding communities.

Diaspora Ghanaians Encouraged to Invest

President Mahama encouraged Ghanaians living abroad to take advantage of the housing project, assuring them of transparency, proper land documentation, and legal security.

Mahama @Green City Housing Project 2
The Green City Housing Project in Dedesua in the Ashanti Region

According to him, many diaspora Ghanaians have previously faced challenges after sending money home for construction projects that were either abandoned or affected by land disputes.

ADVERTISEMENT

“It is my hope that Ghanaians living abroad in the diaspora will take advantage of it,” he stated. The President recalled stories of individuals sending funds to relatives only to discover that no real construction had taken place.

“Here you will get your house built for you, complete. You collect your key, there is no litigation on the land, nobody will come and demolish your house. And so this land is free of litigation, and you know that when SHC hands over your key to you, the house is yours forever and ever”.

President John Dramani Mahama

More Housing Projects Planned

President Mahama disclosed that the Asantehene has also agreed to release another parcel of land to the Tema Development Corporation for the construction of a similar housing project in Kumasi.

According to him, the government is expanding housing initiatives beyond Accra and Tema to ensure nationwide access to affordable homes. “A few months ago we were in Ho to cut sod for their new housing project in Ho,” he said.

Mahama @Green City Housing Project 3
President Mahama at the launch of the Green City Housing Project in Dedesua

“The next destination is Ashanti and Otumfuo has already indicated that he is going to give them land to come and build a TDC housing project here in Kumasi.”

President John Dramani Mahama

The President stressed that housing development remains central to the government’s broader social and economic agenda. “Housing is dignity expressed in concrete and iron,” he stated. “It is a foundation upon which communities grow and nations thrive.”

Government to Support Infrastructure Costs

President Mahama also announced that government would absorb the cost of constructing roads, drains, and gutters within the estate under the Big Push Programme to help reduce overall housing costs.

According to him, taking over these infrastructure expenses would allow the State Housing Company Limited to deliver homes at more affordable prices.

“I will inform the Roads Minister so that we will take up all the roads and drains in this estate under the Big Push Programme. If we do not do that they will have to add the cost onto the houses and that makes the houses more expensive.”

President John Dramani Mahama
Mahama @Green City Housing Project 4
President Mahama at the launch of the Green City Housing Project in Dedesua

The President commended the leadership and staff of the State Housing Company for reviving the institution’s role in national housing delivery. “Since independence, SHC has over the last 70 years been the largest single provider of housing to Ghanaians,” he said.

President Mahama expressed confidence that the first phase of the Green City Housing Project would be completed on schedule and indicated his intention to return next year for its commissioning.

READ ALSO: Fitch Ratings Upgrades Ghana to ‘B’ as Economic Recovery Gains Momentum

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: affordable housing GhanaBig Push ProgrammeBosomtwe DistrictDedesua housing projectdiaspora housing GhanaGhana housing deficitGreen City Housing Projecthousing development GhanaKumasi housing projectOtumfuo Osei Tutu IIPresident John MahamaSHC GhanaState Housing CompanyTema Development Corporationurbanization Ghana
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Didi Dramani Calls On Hearts Fans Ahead of Aduana Test

Related Posts

Chief Executive Officer of the Ghana Gold Board (Goldbod), Sammy Gyamfi
General News

Sammy Gyamfi Defends BoG Loss as Stabilization Cost, Slams Minority’s Misinformation

May 9, 2026
Honourable Kojo Oppong   Nkrumah, Chairman Newly Constituted Policy Committee for NPP And MP for Ofoase-Ayirebi constituency.
General News

NPP Mobilises Expertise To Rebuild Party Ahead Of 2028 Elections

May 9, 2026
Table showing in NPP's decline in partisan voter affiliation against NDC's rise
General News

NPP Support Crumbles Across Ghana As NDC Dominates 15 Regions

May 8, 2026
Dr Mohammed Amin Adam
General News

Former Finance Minister Warns Students Over Misuse Of Technology

May 8, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

President Mahama at the launch of the Green City Housing Project in Dedesua

President Mahama Launches 1,000-Unit Green City Housing Project

May 9, 2026
Hearts of Oak fans cheering their team on

Didi Dramani Calls On Hearts Fans Ahead of Aduana Test

May 9, 2026
1778346799557

Ministry of Education Hosts Civil Service Council on Reform Agenda

May 9, 2026
GRIDCo Staff

GRIDCo Appoints New CEO as Investigations Into Akosombo Fire Continue

May 9, 2026
Mining site

Obuasi Mine Production Hits 62,000 Ounces in Q1 Amidst Strong Operational Activity

May 9, 2026
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address