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Rising cost of land adversely affecting provision of affordable housing

Rising cost of land adversely affecting provision of affordable housing

The high cost of land and the rising cost of building materials could derail efforts to speed up the development of affordable housing across the globe, pan African housing development financier, shelter Afrique has warned.

Speaking on Delivering Affordable Housing Across Continents at a special session of the 11th World Urban Forum held between June 26-30 in the Polish city of Katowice, Shelter Afrique’s Ag. Managing Director and Chief Finance Officer Mr. Kingsley Muwowo said there was an urgent need by governments to address the issues of rising costs of land and construction materials, which were hindering efforts to fast-track the provision of affordable housing globally. Read more on…newsghana

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