Tororo gets low-cost housing
Sep 09, 2011
A sh3b low-cost housing project to be put up in Tororo municipality is set to kick off in this month.
By Moses Nampala
A sh3b low-cost housing project to be put up in Tororo municipality is set to kick off in this month.
A total of sh734.4m to facilitate the first phase in which 30 houses will be constructed has already been deposited in the project account.
Tororo town clerk Edward Lwanga disclosed this to journalists in his office on Tuesday, saying the Kasoli low-cost housing project was being funded by the Government in partnership with UN Habitat.
A total of 250 people, considered to be among the urban poor living in slums, will each acquire a permanent house upon the completion of the project in 2018.
Besides co-funding the project, the Government, through the Ministry of Works, offered the 20-acre piece of land on which the project will be established.
Lwanga said each house would be valued at sh18m.
“For any beneficiary to be considered he or she must have raised sh1.8m which constitutes 10% of the total value of the house,†explained Lwanga.
The recovery period of the project loan from the beneficiaries will be 20 years.
The first phase of the project will have 12 two-bed-roomed houses constructed and in the second phase, 12 three-bedroomed houses will be constructed.
Another six units with an architectural design of two-bedroomed houses and shops will also be constructed.
A sh3b low-cost housing project to be put up in Tororo municipality is set to kick off in this month.
A total of sh734.4m to facilitate the first phase in which 30 houses will be constructed has already been deposited in the project account.
Tororo town clerk Edward Lwanga disclosed this to journalists in his office on Tuesday, saying the Kasoli low-cost housing project was being funded by the Government in partnership with UN Habitat.
A total of 250 people, considered to be among the urban poor living in slums, will each acquire a permanent house upon the completion of the project in 2018.
Besides co-funding the project, the Government, through the Ministry of Works, offered the 20-acre piece of land on which the project will be established.
Lwanga said each house would be valued at sh18m.
“For any beneficiary to be considered he or she must have raised sh1.8m which constitutes 10% of the total value of the house,†explained Lwanga.
The recovery period of the project loan from the beneficiaries will be 20 years.
The first phase of the project will have 12 two-bed-roomed houses constructed and in the second phase, 12 three-bedroomed houses will be constructed.
Another six units with an architectural design of two-bedroomed houses and shops will also be constructed.