Homes Fund completes agreement to kick-start social housing programme

Family Homes Fund (FHF) has almost completed the foundation, which includes enabling legal agreements, to kick-start the National Social Housing Programme (NSHP).
Mr Femi Adewole, Managing Director of FHF, reported during the Inaugural Technical Committee meeting on Real Estate Regulation in Lagos.
NHSP is the housing component of the President Muhammadu Buhari under the Economic Sustainability Plan (ESP).
The programme is targeted at providing 300,000 low-income houses and creating 1.8 million jobs in the process across various geo-political zones of the country by 2024.
FHF has been appointed as the implementing agency to achieve these goals and has partnered with developers and direct financial institution that meets its strategic objective.
The Central Bank of Nigeria ( CBN) has already committed N200 billion facility to kickstart the project , as most of the sites where the housing project will commence have already been identified .
Adewole explained that the enabling agreement being put in place for the commencement of the project had reached about 99.9 per cent………………TO CONTINUE READING CLICK ON

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