Shelter Afrique To Build Low-Income Housing In Liberia

The Liberian government’s Pro-poor Agenda has taken off. It is been spearheaded by The National Housing Authority for Development and Prosperity..

The Housing Authority has entered into a Memorandum of Understanding (MoU) with Shelter Afrique, a housing finance institution, for the provision of 1000 housing units for “low income earners in Liberia .

The Memorandum of Understanding (MoU) signing ceremony took place in Nairobi, Kenya. It is the formal process of reinforcing existing collaboration between the two organizations

The construction would be implemented under the partnership as crucial to the sustainable delivery of adequate and affordable housing, especially to residents of slum communities and is said to create job opportunities for Liberians.

The Liberian government’s plan to achieve this objective by working with partners in public, private and community sectors.

Shelter Afrique was established in 1982 by African governments, the African Development Bank (AfDB), African Reinsurance Corporation (Africa-Re) and CDC (UK’s Development Finance Institution) with the mandate of mobilizing resources for housing development in Africa.

Shelter Afrique began operations in 1985 and, since then, have developed a robust portfolio of projects and activities, acquired substantial operational experience. This has established Shelter Afrique as a credible housing finance institution.