The government has launched a thorough review of Ghana’s antiquated housing regulations, the Minister for Works and Housing, Hon. Kenneth Gilbert Adjei, informed Parliament.
Addressing the House today, the Minister explained that the existing statutory framework has been in place for over six decades and “does not adequately respond to the realities of Ghana’s evolving housing market.”
Hon. Adjei revealed that his ministry has commenced the formal process to scrap both the Rent Act, 1963 [Act 220] as amended, and the Rent Control Law, 1986 [PNDCL 138]. In their place, a modernised, unified piece of legislation will be established.
“The new legal framework is designed to address the persistent constraints within the current regime, harmonise all related laws governing rental housing, and introduce appropriate incentives to stimulate private sector investment in the rental housing market,” he noted.
Furthermore, the Minister emphasised that the incoming statutory measures will “uphold and strengthen protections for low income and vulnerable tenants” by preventing exploitation, unjustified price hikes, and inequitable leasing conditions.
He concluded that the reform will simultaneously deliver an equitable structure that “recognises the legitimate interest of property owners.”
The final draft of this legislative overhaul is nearing completion and is slated for Cabinet review shortly, after which it will be formally introduced to Parliament.
By: Rainbowradioonline.com/Ghana
