Anambra to crash rising rents with new mass housing policy

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Anambra to crash rising rents with new mass housing policy

Anambra State plans a new mass housing policy with private sector partnerships to tackle rising rents and housing deficits, ensuring sufficient housing sup Read More: https://punchng.com/anambra-to-crash-rising-rents-with-new-mass-housing-policy/

Governor Chukwuma Soludo of Anambra State. Photo: Anambra State Govt House

The Anambra State Government has decried the rising cost of rent and housing deficits in the state and is planning to develop a policy for mass housing in partnership with the private sector to address the challenges and ensure sufficient housing supply. This was disclosed in a press statement issued by the State Commissioner for Information and Value Reformation, Law Mefor, on Tuesday. Mefor said the decision to develop a mass housing policy and other key resolutions were taken during the Anambra State Executive Council meeting at the Light House, Awka, on Monday. According to him, a law on the protection of public property and regulation of the scrap business was also proposed for monitoring and surveillance, adding that the proposed law will require the licensing of scrap dealers, including those dealing in scrapped vehicles. He added that the legislation follows increasing reports of vandalism and theft of public property in the state. The statement read, “On June 8, 2026, the Soludo government’s second-term Anambra State Executive Council met for the second time at the Light House, Awka, and made several significant decisions, including to develop a policy for mass housing. “The Council decried the housing deficit in Anambra State. It resolved to tackle the supply side to address the twin issues of rising house rents and the private sector’s partnership with the government to ensure sufficient housing in the state. “Companies bidding for projects to show proof of tax worthiness. The Council insisted that tax worthiness be part of the prequalification requirements before any company can henceforth participate in bidding for projects in the state. “This will further ensure that the state fully benefits from companies doing projects in the state as responsible corporate partners. Related News Candace Ebhomielen Enters Edo with Edo Vidia Homes & Park as Real Estate Development Expands Across Ogun Mshel Homes Wins Property Development Company of the Year at ARE Awards 2026 ‘Real estate firms battling liquidity crisis’ “The Council also resolved to henceforth involve professionals from relevant departments and faculties in the universities in the state in project design, execution and delivery. This way, professionals in the universities will be able to match theory with practice. “For purposes of monitoring and surveillance, the proposed law will require the licensing of scrap dealers, including those dealing in scrapped vehicles. The legislation follows increasing reports of van

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