NHE fails to meet its own housing target

NHE fails to meet its own housing target

NHE fails to meet its own housing target

Martin Endjala According to the National Housing Enterprise (NHE)’s five-year strategic plan, the entity aimed to construct 2,200 houses annually until the housing backlog was resolved.However, from 2019 to the present, the institution has only succeeded in building 1,090 houses nationwide.NHE’s mandate is to provide housing to low- and middle-income Namibian households by initiating and financing housing projects.Mutonga Matali, the Corporate Communications and Marketing Manager of NHE, informed the Windhoek Observer that due to the rising demand for homeownership, it’s imperative for NHE to recalibrate its strategy to address the housing backlog and guarantee access to affordable homes.“New housing targets,…
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