Municipal Housing Construction Programme (PCCM)

The PCCM, which was launched in 2013, seeks to support RLAs in building low-cost housing units in medium cities, in which to settle civil servants and private economic operators.

As a reminder, PCCM has benefited from two (02) lines of credit corresponding to the sum of CFA francs thirty (30) billion. This sum has been used to finance projects presented by forty-six (46) Municipalities for the construction of 981 housing units, amounting to CFA francs 16,699,389,207. Beyond this result, several other results are already palpable with regard to the promotion of economic and social development, entrepreneurship opportunities and job offers to local populations, as well as the beautification of beneficiary localities.

The PCCM primarily targets municipalities in urban and semi-urban areas hosting at least 10,000 inhabitants, universities or economic and industrial activities leading to a strong demand for housing. This programme is based on four criteria: transparency, accountability, fairness and flexibility.

To achieve the expected results, the implementation of this action requires the involvement of several stakeholders. These include, the Ministry of Housing and Urban Development (MINHDU), the Ministry of State Property, Surveys and Land Tenure (MINDCAF), the Ministry of Water and Energy (MINEE), the Cameroon Housing Loan Fund (CFC), the United Councils and Cities of Cameroon (UCCC) and the beneficiary Councils of the Programme,

PCCM, which is currently being implemented in 24 municipalities of the country, launched its second phase in 2021 by signing an agreement for the opening of a second line of credit amounting to CFA francs 20 billion for the continuation of its implementation. In detail, this second line of financing granted by CFC benefits from a 5-year commitment, for a total duration of 30 years including a deferred period of 12 months for each drawing, both for the principal and interest. The interest rate excluding taxes is 4% per annum applicable on each drawing from the date of disbursement of the funds.

For the year 2021, the said programme granted loans worth CFA francs 6.674 billion to about twenty Regional and local authorities for the construction of social housing. This line of credit follows a first line of credit worth CFA francs 10 billion that was secured for the construction of 586 housing units in 24 municipalities throughout the national triangle.