Zanzibar Expands Access to Affordable Homes

Zanzibar is addressing its growing housing demands with a focus on affordability and sustainability, President Hussein Mwinyi said at the African Union for Housing Finance (AUHF) and International Secondary Mortgage Market Association (ISMMA) joint conference. Through the Zanzibar Housing Corporation (ZHC), the government is expanding access to affordable homes for low- and middle-income families. Key initiatives include large-scale housing projects, public-private partnerships, and sustainable community development, incorporating green practices and essential services. President Mwinyi praised ISMMA’s role in providing liquidity for affordable mortgages, highlighting the importance of global partnerships in building resilient housing finance systems for Africa