President Ian Khama said in his State of the Nation Address on Friday that the government will put in place a new Installment Purchase Scheme to be implemented by the Botswana Housing Corporation (BHC) to make rental and purchasing houses cheaper. He said the government will provide high density and multi-residential houses for the youth and bachelor flats for first time home-owners and employees. "Consequently, in all urban and major villages where development and layout plans are prepared, land is identified and zoned for high density residential use where these houses will be constructed," Khama announced.
The President stated that the BHC will be turned into a single authority through which all public housing delivery initiatives will be coordinated. "Consultations are at an advanced stage within government to transform BHC into such an authority. Once the authority is in place, there will be clarity on the roles of the major players, including the private sector, in policy formulation, planning and monitoring of housing delivery," Khama said. He added that land servicing is being implemented in various parts of the country, especially in urban and peri-urban areas.
