10th Round Condominium Winners List 20 80 In Addis Ababa [work]

If your name appears on the 10th round winners' list, congratulations! Here are the next steps:

To be included, applicants had to be registered for the program before December 2019 and have saved at least 40% of the required down payment .

, originally conducted in early 2015. This round included thousands of studio, one-bedroom, and two-bedroom units intended for low- and middle-income residents.

Present your confirmation letter at the Commercial Bank of Ethiopia to formalize your 20% down payment (or clear any remaining balance up to 40% if required by current project regulations). 10th Round Condominium Winners List 20 80 In Addis Ababa

The represents a major milestone in the Addis Ababa City Administration's ongoing mission to provide affordable housing . Managed by the Addis Ababa Housing Development and Administration Agency, the 20/80 housing program is designed specifically for low- and middle-income residents. Under this framework, selected beneficiaries pay 20% of the total cost upfront , while the remaining 60% to 80% is covered via a long-term bank loan facilitated by the Commercial Bank of Ethiopia (CBE).

The marks a critical milestone in Ethiopia’s ongoing efforts to solve urban housing shortages. This public housing program, overseen by the Addis Ababa Housing Development and Administration Bureau, provides low- and middle-income citizens a path toward affordable property ownership.

The requirement to have saved at least 40% of the value provided a clear, merit-based entry point for serious applicants. If your name appears on the 10th round

If your name is on the winners list, congratulations! You have been allocated a condominium unit. Here's what you need to do next:

Residents who have saved consistently with the Commercial Bank of Ethiopia (CBE).

You can visit your local sub-city housing administration office, where the list is typically posted physically. Key Information in the Winners' List PDF This round included thousands of studio, one-bedroom, and

The 20/80 program addresses the steep housing shortage across the capital city. The program utilizes a subsidized state lottery system to distribute apartment units fairly among hundreds of thousands of registered civil servants, low-income workers, and marginalized residents.

Winners must pay the remaining amount of the 20% saving requirement to the CBE within a specified timeframe.

The official winners' lists are typically released via PDF files shared on government-affiliated social media channels (like the Mayor of Addis Ababa's Telegram page) and local news portals.

On November 15, 2022, the Addis Ababa City Administration transferred a total of 25,791 housing units . 20/80 Program: 18,930 units were awarded. 40/60 Program: 6,843 units were awarded.

The remaining balance is typically paid off over a 10 to 20-year period through a bank mortgage.