What NHC’s newly revised joint venture policy seeks to achieve

Prime Minister Kassim Majaliwa presses a button to launch the joint venture policy of the National Housing Corporation (NHC) during an event held in Dar es Salaam yesterday. Others are Minister for Lands, Housing and Human Settlements Development Angelina Mabula (left), Dar es Salaam Regional Commissioner Amos Makala (fourth right), Secretary General of the ministry, Dr Allan Kijazi (third right) and Director General of NHC Nehemia Mchechu (right). PHOTO | MICHAEL MATEMANGA

Dar es Salaam. A revised version of the joint venture policy to expand the provision of affordable homes was revealed by the National Housing Corporation (NHC) yesterday.

The law that permits the government-run housing developer to collaborate with the private sector on the creation and ownership of properties has been in effect since 1993.