[3] Since 2005, condominium housing program has been nourish public demand with low- and middle-income and promotes enterprises.
With private–public partnership, financial burden has been alleviate on the public sector through legal, institutional and regulatory framework.
[4] Current urban housing stocks needs urge steps – both support the resident well-being and create sustainable cities.
80% of Addis Ababa areas are facing sanitation problem where families in crowded rooms are exposed to health and safety risks.
The private–public partnership afforded rental housing that would alleviate the financial burden on the public sector through legal, institutional and regulatory framework.
In later years, the government borrowed funds from Commercial Bank of Ethiopia and constructed subsidized condominium houses in Addis Ababa and selected towns.
The government firstly aimed for people with low- and -middle income and then to economize urban land through empty open space and renewing decayed areas and vertical increment of units by constructing G+2 to G+4 condominium houses.