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1,292 40/60 Condominium Houses to be transferred to home owners

UPDATE [JULY 04, 2017] -  CBE to hold lottery draw ceremony for 40/60 Condominium houses in Addis Ababa on July 08, 2017

2400 individuals who have made 100% down payment for the housing program during the initial registration period for the program in August 2013 will only be taking part in the raffle, Yohannes noted.

The 40/60 Housing Program thus far has created 39000 jobs, while it has linked markets, worth 123 million Birr, for 5000 citizens organized under micro and small enterprises.

Data until May this year shows that 9584 people have made a 100% down payment in the program. 23,949 subscribers have paid 40% and more of the payment in the program.

156,949 people have signed up for the program and are saving at varying degrees of completion, while 9744 subscribers have been withdrawn from the program.

Tags: Condominium Construction in Ethiopia,, 40/60 Condominium, , 40/60, 20/80 & 10/90 Condominium Construction in Addis Ababa, 40/60, 20/80 &10/90 Condominium Winners,, Addis Ababa City Administration Saving Houses Development Enterprise (AASHDE),, Condominium Lottery in Ethiopia,

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