{"id":3678,"date":"2026-07-07T13:45:43","date_gmt":"2026-07-07T13:45:43","guid":{"rendered":"https:\/\/www.amn.gov.et\/en\/?p=3678"},"modified":"2026-07-07T13:45:45","modified_gmt":"2026-07-07T13:45:45","slug":"ethiopia-targets-1-5-million-new-homes-in-five-year-housing-drive-pm","status":"publish","type":"post","link":"https:\/\/www.amn.gov.et\/en\/ethiopia-targets-1-5-million-new-homes-in-five-year-housing-drive-pm\/","title":{"rendered":"Ethiopia Targets 1.5 Million New Homes in Five-Year Housing Drive: PM"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"819\" height=\"1024\" src=\"https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/07\/739214774_1373249831392404_5564233618010855377_n-1-819x1024.jpg\" alt=\"\" class=\"wp-image-3680\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/07\/739214774_1373249831392404_5564233618010855377_n-1-819x1024.jpg 819w, https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/07\/739214774_1373249831392404_5564233618010855377_n-1-240x300.jpg 240w, https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/07\/739214774_1373249831392404_5564233618010855377_n-1-768x960.jpg 768w, https:\/\/www.amn.gov.et\/en\/wp-content\/uploads\/sites\/3\/2026\/07\/739214774_1373249831392404_5564233618010855377_n-1.jpg 1080w\" sizes=\"(max-width: 819px) 100vw, 819px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">AMN PLUS-July 7, 2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Responding to questions from members of the House of Peoples&#8217; Representatives on addressing Ethiopia&#8217;s housing shortage, Prime Minister Abiy Ahmed (PhD) announced that the government has set a target to construct at least 1.5 million housing units over the next five years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In his explanation, the Prime Minister noted that the government successfully built 1.2 million homes across the country during the past five years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He stated that the government is now working to sustainably address citizens&#8217; growing demand for homeownership by introducing modern construction technologies and establishing long-term housing finance mechanisms.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Prime Minister, a new national housing development policy has been formulated and approved by the Council of Ministers, with its implementation already underway through a coordinated effort across all regions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Prime Minister emphasized that housing development should not rely solely on government financing, stressing the importance of mobilizing private sector investment and expanding the use of Public-Private Partnership (PPP) arrangements to accelerate construction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Prime Minister added that practical implementation of the new housing program has already commenced in regions and cities throughout the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He further explained that a new housing finance system has been designed to reflect citizens&#8217; purchasing power and financial capacity. Under the new framework, individuals who are unable to purchase a home outright will be able to acquire one through a government-supported long-term mortgage scheme, enabling them to become homeowners by making affordable payments from their regular income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">By Leta Teresa<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMN PLUS-July 7, 2026 Responding to questions from members of the House of Peoples&#8217; Representatives on addressing Ethiopia&#8217;s housing shortage, Prime Minister Abiy Ahmed (PhD) announced that the government has set a target to construct at least 1.5 million housing units over the next five years. In his explanation, the Prime Minister noted that the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[18,4],"tags":[],"class_list":["post-3678","post","type-post","status-publish","format-standard","hentry","category-development","category-ethiopia","entry"],"_links":{"self":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts\/3678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/comments?post=3678"}],"version-history":[{"count":1,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts\/3678\/revisions"}],"predecessor-version":[{"id":3681,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/posts\/3678\/revisions\/3681"}],"wp:attachment":[{"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/media?parent=3678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/categories?post=3678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amn.gov.et\/en\/wp-json\/wp\/v2\/tags?post=3678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}