‘Democratisation of housing finance will guarantee access to fund’
Housing professionals have warned that except there is an equilibrium between the rich and the poor in accessing housing finance, the wide gap in homelessness among the low-income earners that constitute about 85 per cent of the population may continue. They argued that the possibility of having an efficient, transparent financial sector that provides a…
Bauchi government, FHF flag off 2,500 housing units
Bauchi State government, in collaboration with Family Homes Funds (FHF), has flagged off construction of 2,500 housing units worth N12 billion. The houses target low-income earners in the state.
How new policies will trigger growth in real estate sector
Eggheads in the nation’s real estate sector have predicted a marginal growth in the sector occasioned by the crucial roles the Family Home Fund (FHF) and the Nigeria Mortgage Refinance Company
FHF, C-STEMP seal deal on affordable housing, jobs creation
A new partnership deal has been brokered between Federal government housing intervention programme - Family Homes Funds (FHF) and Construction Skills Training and Empowerment Project Ltd/Gte C-STEMP to enhance the capacity of certified artisans to meet industry ....
‘Uniform underwriting standards will ease home financing’
ADENIKE FASANYA-OSILAJA is a United States-based mortgage broker and consultant to the Nigeria Housing Finance Programme (NHFP). She spoke to Property & Environment Editor, CHINEDUM UWAEGBULAM on issues surrounding housing and the forth-coming Nigeria real estate investment and mortgage finance conference in New York. The Federal Government through the Central Bank of Nigeria introduced My…
Fund in talks with varsities on staff, student housing
Towards expanding campus housing, two premier universities have begun discussions with the Family Homes Fund (FHF) to explore areas of partnership in developing affordable housing for staff and students as well as hostel construction. The universities are University of Lagos and Ahmadu Bello University, Zaria. The fund is also in talks with Lagos State government…
Housing, still on the priority list
Homeownership in Nigeria remains a struggle. Given the choppy macro terrain, purchasing power has been severely eroded, making it difficult for income earners to purchase houses.
12 monetary, fiscal policies that shaped 2016
Nigeria’s economy was affirmed recessed this year, but there remained raging controversy over its origin. Two schools of thought emerged- one blamed the current administration for policy flip-flop and aggravation of the matter. But the other said the situation was already out of control, but aggravated, not by policy choice, but by the economic structure-…