News

BOAD AND COMMITTEE ELECTIONS 2024

Dear Members,

Nominations are now being accepted for the upcoming Board and committee elections. If you are interested in serving on the next Board or committee, please visit our office to pick up a nomination form. The deadline for submissions is June 10, 2024. 

FAQ:

THE GLOBAL TEACHERS’ HOUSING PROJECT

The GLOBAL TEACHERS’ HOUSING PROJECT is a subsidized housing project initiated by the Union for qualified and interested members. It’s a bold response to the recent call by members for the Union to provide affordable housing opportunities for members.

The project will focus on selecting the best plots of land possible from which a community of GTCCU members only may be established. Through members’ effort combined with the complementing support of the Union members be able to put up controlled housing units consistent with their financial means. Throughout this project attention will remain on affordability therefore where possible the Union will subsidize the prices of these plots of lands so that they become accessible to all categories of members of the Union.

WHAT IS PHASE ONE PROJECT

The first of this project is the planned Community MOGLAA project. This is a fifty-acre parcel of land located to the north of the new International Airport. This prime location is suitable for high value residential and commercial units.

ANY COMPLEMENETS OF THE PHASE ONE PROJECT

The phase one project is just 0.65 kilometers or approximately 650 meters north of the main Tamale International Airport. The project has easy access to water and electricity. The KUMBUMGU to SAVELUGU main road is connected to the phase one project. The Union has undertaken additional effort to develop access routes to all parts of the project.

WHAT IS THE SUBSIDIZED PRICE

The asking price per plot is Ghs 4,500.00 this amount will cover the price of the plot as well as other title transfer processing cost.

WHAT IS THE COMENCEMENT DATE

Sale of the project will commence in March,2024.

WHO IS QUALIFIED

Refer to the attached policy statement

ANY COMPLEMENTARY FUNDING OPTIONS

The will has opened a common funding account for all qualified allottees. By this account qualified members can apply for amounts not exceeding Ghs 20,000.00 at 10% per annum to start the project. This fund applies to only members with the repayment affordability on their pay slips.

HOW SOON CAN I START MY PROJECT

As soon has you have been able to mobilize resources and been cleared by the oversight Committee

WHEN IS THE NEXT PHASE

The next phase will commence as soon as the current phase has been closed.