Family Homes Funds, a Federal Government housing initiative intended to support the development of up to 500,000 Homes targeted at people on low income over the next 5 years has stated that the fund will soon begin a 4,700 housing project in North-eastern state of Borno.
This was revealed by the Managing Director of Family Homes Funds (FHF), Mr. Femi Adewole while speaking exclusively with Housing News.
He said, ‘’In Borno state, we are just about to sign an agreement with the state. We have been there for a housing programme which is in two parts. There is 1700 homes that is targeted at civil servants, mostly middle and low income civil servants.
‘’A lot of those homes will be in Maiduguri and some of the principal cities. The state is providing the land and the bulk infrastructure to the site. That is already far advanced because all of the sites have been identified, surveyed and the drawings and bills have been prepared.’’
According to him, the Fund will get the board approval for the project sometime early in June 2019 and commence work before the end of same June.
The project which he said is a direct partnership with the state will include a second aspect focused on Internally Displaced Persons (IDPs).
‘’That will be 3000 units. They are small houses built in the outline areas, not necessarily in Maiduguri, but those villages that had been ravaged by the insurgents.
‘’But it is not new. The state has already produced quite a number but what most people are not aware of is the hundreds of thousands of Nigerians who have been displaced by Boko Haram who are still living in temporary refugee camps for 3 to 5 years. So the government has a programme of returning them back to their villages which have been liberated. The idea is that we will be joining the government efforts to finance those homes,’’ he added.