CH&PA, Republic Bank sign MoU to finance construction of 500 Region Three homes

The Central Housing and Planning Authority (CH&PA) on Saturday signed a Memorandum of Understanding (MOU) with Republic Bank Limited (RBL) for the financing of 500 low-income homes at Leonora, Region Three, the Department of Public Information (DPI) has reported.

The DPI said the 20 x 30 (625 square ft) two-bedroom flat units will be built at a cost of $5.5 million each.