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13th Abuja Housing Show, Affordable Housing

Family Homes Funds Speak on Progress at 13th AIHS

The Federal Government social housing scheme, Family Homes Funds siezed the stage at the 13th Abuja International Housing Show on Wednesday to share what they have achieved so far.

This year’s theme of the show focuses on driving sustainable housing finance models in the midst of global uncertainty, and a lot of speakers shared their thoughts about the best models and what how they are contributing to housing development in their respective capacities.

Speaking through a representative, the CEO of Family Homes Funds, Femi Adewole said that the Fund is here to address the very low home ownership problem in Nigeria; to tackle the low percentage of mortgage and to provide jobs.

“So far, we have completed 1000 homes, and about 3000 at different stages of development. We have so far created about 14000 jobs. We have over 500 completed units in Nasarawa, 750 in Kano, 650 in Delta and more all over the country. For us, we believe that it is not enough to supply houses without taking care of the demand side. That is where we come in,” he said.

By Ojonugwa Felix Ugboja

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