National Homeownership Fund

Overview

The National Homeownership Fund Limited (NHF) is a state-owned company with the mandate to address challenges of homeownership in Ghana by creating a framework that encourages the participation of the private sector in the homeownership market. NHF focuses on increasing access to affordable housing through innovative financing options, particularly targeting first-time homebuyers.

The Fund partners financial institutions to support the development of mortgage refinancing schemes and facilitate the use of innovative products to support homeownership in Ghana. NHF’s strategy addresses both the demand and supply of affordable housing. On the demand side, the company partners labor unions to develop and update a national database of prospective homeowners.

It also works with financial institutions to develop the mortgage pillar of the financial market as well as Real Estate Investments that guarantee off takers in the affordable housing sector. The Fund on the supply side partners private and public sector developers to develop affordable houses that meet the demands of low and middle-income workers.