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AHCN calls on state governmets to develop political will in funding housing development

The National workshop of the Association of Housing Corporations of Nigeria (AHCN), began in Abuja today, with the theme: Tackling Housing Deficit and Affordability Challenge as a Channel for Driving Economic Recovery.

The workshop, which will hold from 28th to 30th November 2018, is being attended by public and private sector stakeholders, in the housing industry. Speaking at the workshop, the National President of the AHCN, Mohamed Baba Adamu, said the role of AHCN is to assist all the member associations in the area of housing development.

He said ‘’we usually source for funds for member associations to deliver on their mandate of providing shelter, and we assist them in positively engaging with their respective state governments, so that they are able to deliver affordable houses for Nigerians’’.

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On the challenges faced by most housing corporations, he said ‘’The major challenge we have is the issue of funding, nowadays most states are no longer funding housing corporations as the ought to, most state governments look at housing provision as a social service, and something that can be done only when they are able, so with the limited resources available to state governments, they find it difficult to fund housing development’’.

 

While commenting at the workshop,the President of Real Estate Developers Association of Nigeria(REDAN),Rev Ugochukwu Chime noted that state governments too must be carried along in order to boost housing development,he said,

”prior to now state governments have seen land as its own assets,but now with the dwindling oil resources,they are now looking at the fact that land could be an investment,either you leave the land the way it is or you get partners who can invest,build houses and help generate IGR, from ground rents,and other user charges,they now see that there is a mutual beneficial platform between the Federal government,state governments and other developers”

Speaking on the strides being made in the area of low income housing, the Managing Director of Family Homes Fund, Mr Femi Adewole, said

‘’So far so good we have made a lot of progress in terms of creating the supply of homes that are going to be affordable to people who earn low incomes, today we have about 3000 homes at various stages of completion, and by march next year we will have about 21,000 homes under construction.

That will be the largest housing programme so far in the nation, and to support that, we have launched our homes loan assistance programme which is designed to support households who are earning less than a N100,000 per month, to access home ownership’ ’he concluded.

With the support of Family Homes Funds,FMBN,FHA and Fesadeb Media Group,the three day workshop will among other things, help chart a new course towards sustainable housing delivery and address the housing challenge in all states of the federation.

The workshop will be a great avenue for housing stakeholders to connect and network with CEOs of states owned housing agencies, and other housing leaders who will provide guidance, information and inspiration to stakeholders on how they can solve the housing crisis and deliver great services for their clients and communities.

The workshop will give stakeholders the opportunity to know how housing affordability is being tackled by stakeholders in the hosing sector

Source:Affa Dickson Acho

 

 

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