Ghana housing finance conference adopts communiqué to improve affordable housing access

The National Conference on Housing Finance 2026 convened in Accra, Ghana, and adopted a communiqué aimed at enhancing affordable housing access for all Ghanaians. Government, financial institutions, housing developers, labor organizations, and various stakeholders committed to collaborative action to tackle barriers to housing finance and promote the delivery of affordable homes.

The conference, held at the Mövenpick Ambassador Hotel on October 8, brought together representatives from government, regulators, development partners, employers, academia, and civil society. The National Housing Fund (NHF), in collaboration with public and private sector stakeholders, assumed the responsibility of coordinating the implementation of the outlined commitments and monitoring progress.

The NHF pledged to foster innovation in housing finance, expand access to financing for prospective homeowners, and develop risk-sharing mechanisms to mitigate financing barriers. It also aimed to establish a national homebuyers database and digital marketplace to connect housing demand with available properties and finance providers.

Other commitments include mobilizing private investment, supporting social housing for vulnerable groups, and monitoring progress. Workers and labor organizations pledged to encourage responsible savings and financial planning for homeownership and engage in housing finance programs. They committed to advocating for inclusive housing policies to prevent workers in both formal and informal employment from being excluded from homeownership opportunities.

The Ghana Real Estate Developers Association (GREDA) committed to promoting the use of local building materials, improving efficiency in housing delivery to reduce construction costs, and encouraging green and climate-resilient building practices. The conference stressed that addressing Ghana's housing deficit requires coordinated efforts across various sectors, including financing, land administration, urban planning, infrastructure, affordability, sustainability, and institutional effectiveness.

The NHF is tasked with translating the commitments into measurable actions, tracking progress, and maintaining dialogue among stakeholders to build an accessible, affordable, sustainable, and inclusive housing finance system for Ghana.