Monrovia: GELPAZ , a Burkinabe company and the National Housing Authority (NHA) have signed a Memorandum of Understanding (MOU) to develop affordable housing for low income earners.
According to a release from the National Housing Authority, the project will start with at least 500 units, spreading in two communities of Memeh Town, near Ricks Institute and VOA in Brewerville, Montserrado County. for the provision of
Two other areas to be targeted are along the Roberts-field Highway – Sarpawein or Tower Hill and the Schefilling Towns for the provision of
The release quotes the NHA’s Deputy Managing Director for Technical Services saying the institution has acquired additional 12.5 acres of land to add up to the already owned 12.5 acres of land in the VOA area.
It adds that the NHA is developing the first 12.5 acres of land where it is to resettle about 64 family members of the West Point sea erosion victim in their temporary resettlement in VOA, Brewerville City.
Deputy Managing Director Isaac Roberts said 200 acres of land are under what he described as investigative survey where over 50 residents of nearby Memeh Town have volunteered to brush the land because of their eagerness to see development in their community.
Hon. Robert said the project will be a sub-division and will be a Development of approximately 300 to 400 housing units in four categories including luxurious, economy social and pro-poor housing units adding that these categories of housing will provide room for Liberians in their various financial position.
He said GELPAZ Liberia is a subsidiary of GELPAZ – Burkina Faso and after completing their preliminary visit to Liberia returned home Oct. 3, 2018 and to return with construction equipment to begin the construction of affordable housing units in the country.
Hon. Roberts added that the lands that they have acquired are closed to the beach and will have designs like a beach front and they will be two bathrooms and three bathrooms.
Meanwhile, the release said Hon. Tugbeh C. Tugbeh, NHA Deputy Managing Director for Administration said a tripartite arrangement with the LBDI, NHA and GELPAZ – Liberia that has to do with the mortgage arrangement is currently being reviewed by the Liberia Bank for Development and Investment (LBDI) the release concluded.
