Objective

The Emergency Affordable Students Accommodation Program (EASAP) aims to address the accommodation challenges faced by Ghanaian tertiary students by providing flexible payment options and developing affordable rental properties. 

Components of EASAP

Establishment of a Fund:
Create a fund in collaboration with investors, such as banks, to allow students to pay their accommodation fees in installments. This fund is geared and designed to accommodate the unique financial situations of students, ensuring they can focus on their studies without the stress of large, upfront housing costs.

Partnership with Private Property Owners:
Partner with private property owners near various campuses to convert their properties into hostel facilities.

Development of Hostel Facilities:
Swiftly develop new hostel facilities on campuses in collaboration with financial institutions and individual investors through Real Estate Investment Trusts (REITs) and other financial vehicles.

Benefits

Reduced Financial Stress: Students can pay their accommodation fees in manageable installments, reducing the immediate financial burden thereby allowing them to focus more on their academic and personal growth without the constant worry of meeting large payment deadlines.

Increased Accessibility: More students will have access to affordable and quality accommodation leading to a more inclusive and supportive educational environment.

Enhanced Financial Skills: Through our financial literacy programs, students gain valuable skills that will benefit them long after graduation.

Stakeholders

Rentchamber Group: Lead partner providing expertise in affordable housing solutions.

Financial Institutions: Banks and investors providing funding and financial products.

Private Property Owners: Partners offering properties for conversion into hostels.

Educational Institutions: Universities and colleges supporting the program and promoting it to students.

Students: Beneficiaries of the program, gaining access to affordable accommodation and financial literacy resources.

Government & Politicians: Partnering through PPP and serving as a catalyst to boost EASAP’s adoption across the country