"There is also an aspect of this SIP that has not be mentioned; this is N100 billion set aside for the Family Home Fund, our Social Housing Project. "The N100 billion is a yearly contribution.
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Excerpt from Africa Housing Finance Yearbook 2016 Overview In 2017 Nigeria faced significant economic challenges, factored by a GDP contraction, foreign exchange instability, and a gap in governance.Uncertainty in the oil sector remains as communities in the Niger Delta pulled out of peace talks following recent flair ups in the region.
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Mr Femi Adewole, Managing Director, Family Homes Funds says that it has invested over N20 billion into five ongoing projects to enable the medium and low income earners in the society own their houses.
Family Homes Funds invest N20 billion in 5 housing projects Mr Femi Adewole, Managing Director, Family Homes Funds says that it has invested over N20 billion into five ongoing projects to enable the medium and low income earners in the society own their houses. Adewole was speaking at the Fund Raising of the Real Estate [.]
Govt Should Prioritise Housing Investment – Adebayo Barrister Festus Adebayo is the convener of Abuja International Housing Show (AIHS) and president of Housing Development Advocacy Network (HDAN).
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If we are going to have any chance of reducing the deficit, I think we even need to have about four times more initiatives than we have now. We probably need about four different Federal Housing Authorities, four Federal Mortgage Banks, and 10 Family Homes Funds if we are really serious about biting into this shortage.
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