MONROVIA – The National Housing Authority (NHA), according to the Act that established it, among others, is charged to build affordable and affluent communities for Liberians.
The NHA has received a technical team from AXHIS, a construction firm from neighboring Burkina-Faso, for the provision of 50, 000 affordable and affluent communities in Liberia nation-wide.
According to a press release from the NHA, AXHIS will construct 5, 000 affordable and affluent communities in phase one, as modalities are currently being work out with the NHA technical team for project commencement date with at absolutely NO cost to the Government of Liberia through the National Housing Authority.
Making the disclosure at the NHA on Wednesday, August 7, 2019, Hon. Cecelia Cuffy Brown, Managing Director said, as a result of the mandate from the President to attract investment opportunities to Liberia, the NHA has entered into negotiations with a Burkina Faso firm (AXHIS) and has agreed for the provision of affordable and affluent communities in Liberia.
Cecelia Cuffy Brown , also informed the Technical team delegation at NHA that President George Manneh Weah feels passionate about the their visit as it will address the housing situation in the country and therefore mandated the NHA to work along with investment partners to make sure that there is some relief in the shortest possible time for the people of Liberia the release quoted.
Cuffy Brown further narrated that development in the housing sector will also create job opportunity for many youths and will provide related services which will support the efficient delivery of commercial real estate and affordable housing.
Brown believes that with the speed of which offers are being sent from international partners and housing estates companies, it will not be too soon when the government’s objective is realized with affordable and affluent communities for the Liberian poor.
In conclusion Cuffy Brown said the Government through the National Housing Authority and AXHIS came out with a tripartite agreement with the Liberia Bank for Development and Investment, for cash deposit / down payment as the rest is expected to be paid through a mortgage agreement with the LBDI for 10 years the release concluded.
For his part AXHIS’ President Hon. said the NHA and President Weah’s initiatives have been welcomed by his company and narrated further that they are not surprised at President Weah’s passionate support to change the lives of ordinary Liberians given his humble lifestyle.
Traore Moulaye Amadou said “President Weah is a leader who cares about others and that is why we have come to Liberia to help him get his dream.
Accordingly; my company is prepared to provide more than 50, 000 affordable housing units nation-wide in line with President George Manneh Weah government pro- poor agenda.
Amadou further demonstrates the ties between the two sisterly countries as members of the Economic Community of West African States and if goes well his company will place more focus on the F3 category of housing units that will be affordable by Liberians.
He further said if this objective is met it will help the Government in addressing the acute shortage of housing needs in Liberia Amadou concluded.