Government is working on a number of initiatives to address the challenges affecting the provision of affordable housing and resolving matters involving rent, Vice President Bawumia has revealed.
These measures include the design of a policy framework to address rental issues, and the submission to Cabinet and subsequently Parliament, for approval, a new Rent Control bill to replace the existing, moribund Rent Act of Ghana (Act 220), which was passed in 1963.
The Vice President made these disclosures when he paid an unannounced visit to the offices of the Rent Control Department in Accra on July 15, 2020. Accompanied by the Minister for Works and Housing, Samuel Atta Akyea and his Deputy, Barbara Asher Ayisi, the Vice President was taken around by the Chief Rent Control Officer, Mr Twum Ampofo, who explained the operations and challenges involved in ensuring a peaceful rental environment.
Vice President Bawumia expressed worry about the lack of housing for low-income earners and disclosed that among others, the government is working to address the uncertainties in the housing market, which has led to landlords demanding two to three years rent advance, well beyond the means of many, especially the youth who have just completed schooling and looking to enter the job market.
“The heart of the problem is one of adequate supply of housing in our country. We are going to have to look at addressing that particular issue of improving the supply of housing stock. The issue of Rent Control brings tenants on the one and landlords on the other, together. They are working under a rather old law, passed in 1963, but so much has changed, and this is why Hon Atta Akyea has submitted a bill to Cabinet, for approval and subsequent submission to Parliament. The proposed bill would allow for more enforcement and deals with the whole issue of rent advance and its associated problems.