10th Round Condominium Winners List 20 80 In Addis Ababa Work Portable [ macOS ]

: The applicant saves and covers 20% of the total condominium cost over a predetermined period, while the government finances the remaining 80% through bank loans .

No. To prevent market speculation and ensure housing is provided to those who genuinely need it, government policy prevents winners from legally selling their units for a designated number of years (often 5 to 10 years) unless the bank loan is fully paid off. However, informal rental agreements are widespread across Addis Ababa to supplement household incomes. Why are some lottery draws delayed or nullified?

For instance, in a notable lottery draw held in November 2022, a total of 25,791 condominium units were transferred to winners. Of these, were allocated under the 20/80 scheme, while 6,843 units were allocated under the 40/60 scheme. Approximately 146,892 city residents who had accumulated sufficient savings and registered by March 2, 2022 were included in that lottery.

Winners must pay 20% of the total unit construction value before receiving keys. : The applicant saves and covers 20% of

: If you are financing the remaining 80% balance through a government bank loan, execute the mortgage agreement at a designated CBE branch.

The 20/80 scheme operates as a cost-sharing, government-subsidized strategy.

Stringent resale restrictions; penalties for illegal structural modifications. Of these, were allocated under the 20/80 scheme,

The of the Addis Ababa 20/80 condominium lottery originally awarded homes to 51,229 winners . This round was open to applicants registered before December 2019 who had saved at least 40% of the required housing cost.

Under the 20/80 scheme, eligible residents are required to make a down payment of of the total cost of the condominium unit. The remaining 80% is paid through a loan from the Commercial Bank of Ethiopia (CBE), to be repaid in installments over a period ranging from 15 to 20 years. This scheme is specifically designed to target the lower-middle-income to middle-income segments of society.

Winners must report to their respective sub-city housing administration office within a designated timeframe (typically 15 to 30 days post-announcement). You must present: A valid Ethiopian National ID or Kebele ID card. 930 in 20/80 and 6

The 20/80 housing program targets low-to-middle-income urban residents who have historically been priced out of private real estate markets. Under this framework, the government takes on the role of real estate developer, building vertical apartment blocks across the sub-cities of Addis Ababa.

Low-to-middle-income residents of Addis Ababa.

The full PDF rosters containing winner names, registration numbers, and assigned site locations are published on the official web portal of the Addis Ababa Housing Development and Administration Bureau. 2. Local News and Print Media

The selection process prioritized specific vulnerable demographics:

A substantial number of houses (18,930 in 20/80 and 6,843 in 40/60) were transferred, targeting those who registered and saved, particularly looking at earlier registrants.