The 14th Round 60/40 Condominium Winners full List


A lottery draw held in the municipality hall on Tuesday saw 25, 791 housing units assigned to eligible residents of Addis Ababa. The raffle for low and middle-income housing schemes was attended by Mayor Adanech Abiebie and other city administration officials as well as observers.


The administration found 93,350 registered residents eligible to partake in the draw that uses a raffle system developed by INSA. The draw helped to identify beneficiaries for 18,930 housing units in the 20/80 scheme and 6,843 condo units in the 40/60 scheme.


As per the regulation, 5%, 20% and 30% of the total houses will go to disabled people, civil servants, and women, respectively. After the unsuccessful attempt to transfer the houses last July, Mayor Adanech said the admin took several trust-building measures to hold the letter draw and transfer the houses to eligible residents.


According to Adanech, the city took the extra mile to resolve a range of challenges from contractors abandoning their work four years ago to infrastructure theft to make the houses ready for transfer. The admin took a 21 billion Birr loan from the Commercial Bank of Ethiopia to finish the houses, she said.


The 20/80 housing units are 97% finished while the 40/60 houses are more than 87% complete. “Congratulations to the 25,791 residents who have benefitted in this round lottery draw,” said the mayor.

Ethiopian News
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