The 10th round of the 20/80 condominium lottery was held on July 8, 2022, in Addis Ababa, Ethiopia. The lottery was organized by the Addis Ababa Housing Development and Administration Agency (AAHDAA) to allocate 51,229 housing units to eligible citizens who have saved 20% of the total cost of the houses. The lottery was broadcast live on EBC and streamed online on AAHDAA's website.
The winners of the 10th round condominium lottery were announced by AAHDAA on its website and social media platforms. The winners can download the PDF file of the list from the AAHDAA website or from [this link]. The file contains the names of winners, their ID numbers, lottery codes and apartment types.
The 10th round condominium lottery included three types of housing units: studio, one bedroom and two bedroom apartments. The studio apartments have a floor area of 30 square meters and cost 162,000 birr. The one bedroom apartments have a floor area of 45 square meters and cost 243,000 birr. The two bedroom apartments have a floor area of 60 square meters and cost 324,000 birr.
The winners of the 10th round condominium lottery are expected to pay the remaining 80% of the total cost of the houses within one year. They can pay in cash or through bank loans. The AAHDAA has partnered with several banks to provide loans to the winners with low interest rates and flexible repayment terms.
The 10th round condominium lottery is part of the government's plan to provide affordable housing to low and middle income citizens in Addis Ababa. The government has launched several rounds of condominium lottery since 2005, allocating more than 200,000 housing units to eligible citizens. The government aims to build and distribute one million housing units by 2025.
The condominium lottery is a popular and competitive program in Addis Ababa, where housing demand exceeds supply. According to AAHDAA, more than one million people have registered for the 20/80 condominium scheme since its inception. However, only about 5% of them have been able to win a house through the lottery.
The AAHDAA has faced some challenges and criticisms in implementing the condominium lottery program. Some of the challenges include delays in construction, poor quality of houses, lack of infrastructure and social services, corruption and fraud, and complaints from winners and losers. The AAHDAA has taken some measures to address these issues, such as improving the design and quality of houses, providing basic amenities and facilities, enhancing transparency and accountability, and ensuring fairness and equity in the lottery process.
The 10th round condominium lottery is a milestone in the history of the condominium program in Addis Ababa. It is the largest and most diverse round so far, offering different types and sizes of houses to suit different needs and preferences of citizens. It is also a sign of hope and opportunity for many people who aspire to own a house in the capital city.
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