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The Past, Present & Future of Affordable Housing in Africa

The History of Housing in Africa

Most countries in Africa still have housing policies and land policies that are holdover from the colonial period
• Major Housing initiatives carried out on the continent were by newly independent African Nations
• However the newly independent nations were distracted with quest for control of resources by various groups
• Development was largely ignored in the quest for political consolidation and resource control
• Where there was housing initiatives, most housing was provided for Civil Servant, often the largest pool of workers and votes!

Cross-Section of Housing Policies in Africa

Uganda : Three periods in review

The first period 1978 -1986, hampered by political instability and civil strife. Consequently,
low implementation
• The 1986 saw a more stable and consistent implementation. The goals of housing policy over this period were to provide sufficient residential land and plots in urban areas and to improve access to housing infrastructure and services at affordable standards, including upgrading of slums
• 1992 was the most comprehensive period for housing policy. The National Shelter Strategy, whose overall objective was to improve housing conditions and ensure adequate shelter for all Ugandans by the year 2000.
• The policy involved the establishment of several housing programmes and projects, and the approach to implementation was an enabling and facilitating one on the part of government

Cameroon : Three Periods in Review

First phase (1950 – 1976), government Housing Policy placed emphasis on direct construction of houses by the Government with a view to improving the housing stock and strengthening measures for ensuring decent housing for civil servants and allied workers or provide housing allowance for employees.
• Second period (1977 – 2003/4), with the rapidly accelerating urbanization which was largely unplanned for, and the equally accelerating demographic growth over this period,, and drawing from the lessons and outcomes of the 1976 First United Nations Conference on Human Settlments (Habitat 1 or the Vancouver Conference)
• During this period government embarked on strengthening the institutions that underpin the provision of these services – including establishment of such bodies as the Cameroun Housing Society (SIC), the Ministry of Urban and Rural Planning (MAETUR), Credit Foncier du Cameroun (CFC) etc.
• Third period (2003/4 – Date) is devoted to reassessing the Habitat Agenda in the light of the increasing poverty during this period (40% of the population living below income poverty line) and placing more policy emphasis on Economic Growth Strategy and Employment Generation.


Three major housing policy streams or strands were identified over the past 50 years.
• The first stream was from 1982 – about 1990, during which policy focused on addressing the prevailing quantitative housing deficit in the country. Very little was achieved during this period since the political landscape was so inhospitable.
• The second stream of Nigeria National housing policy was from 1991 – 2005, a period that witnessed a very comprehensive and ambitious housing policy, the policy was noted for its decided focus and sweeping reforms on the “housing finance” sector. It sought to rejuvenate and strengthen the Federal Mortgage Bank of Nigeria (FMBN) into a wholesale bank; established Primary Mortgage Institutions/Banks (PMIs) for the much wider scope and coverage of mortgage finance intermediation
• The Third policy strand (2006-Date) has focused on the use of the private sector as the fulcrum of the new policy. It seeks to stimulate large numbers of private sector real estate developers in the development of estates with houses for sale at affordable prices to low and middle income groups in the country.


• The first generation of housing policy which was focused on the:
1. ‘Turn-Key’ and Joint-Venture arrangements and encouragement of the private sector to develop rental housing;
2. More and easily available housing finance;
3. Institutional strengthening;(Human Settlements Authority (HAS), Swazi National Housing Board (SNHB), Ministry of Housing & Urban Development (MH&UD), Local Government Councils);
4. Land reform;
5. Construction methods, including use of traditional construction materials;
6. Urbanization and urban structure planning and development

• The second generation was succeeded by a New Housing Policy in the year 2000. This later policy, benefiting from the outcome of the Second United Nations
Conference on Human Settlements (Habitat II).

The Housing Policy objectives were to:

1. Improve access to land with secure tenure for those households seeking to house themselves.
2. Support the development of a property market through access to finance and appropriate building and planning processes and regulations.
3. Identify and safeguard the rights of both landlords and tenants in the rental market.
4. Ensure that delivery of services is financially sustainable for the service provider and affordable to the household.
5. Use construction methods and local building materials that reduce the cost of housing and promote employment creation.
6. Use formal and informal economic activities on a plot and in the vicinity to improve household incomes and affordability standing.

What History teaches us

1. Most policies had an exclusive urban focus, and non-consideration of the rural areas.
2. Housing problems will not be solved by government throwing money at the problem
3. Housing itself is a political affairs and is susceptible to political changes
4. Government is not equipped to provide housing on its own
5. Tweaking housing policy without addressing land policy will not yield maximum results

Where we are now

UN New Urban Agenda – Habitat III

• The New Urban Agenda (NUA) was adopted at the United Nations Conference on Housing and Sustainable Urban Development (Habitat III) in Quito, Ecuador, on
20 October 2016.
• The NUA represents a shared vision for a better and more sustainable future. If well-planned and well-managed, urbanization can be a powerful tool for
sustainable development for both developing and developed countries.
• Housing and slums upgrading are considered pivot pillars of the NUA, as the agenda aims to position housing delivery at the centre of national and local
urban agendas;
➢ As such having a paradigm shift from basically providing housing to a more structured, strategic and holistic framework for housing delivery which incorporates the objectives of achieving a sustainable and inclusive human settlements in terms of effective urban planning practice and consideration for human rights.

What does the Market look like?

The African Housing Finance Market has the following identifiers:
• Housing Finance in Africa remains critically inaccessible for most people.
• Inaccessibility is defined by high interest rates and short loan tenors that make it untenable for mortgage seekers.
• Financial Institutions, Microfinance Banks and Commercial Banks find it difficult to raise cheap funds for long-term commitments like construction.
• The sector of the economy most in need of housing finance are unbanked.
• Property rights and security which are needed for a thriving housing finance industry are sorely lacking in Africa.


• Most construction companies and developers in Africa are keen on the high- middle income housing market, leaving the low-income critically underserved
and underfinanced.
• Governments are still in the process of digitising and legitimising land records and registration.
• Government policy itself is yet to catch up with the needs for Housing Finance.

The Future of Housing: Things to Consider

Need for a Multi-Sectoral Housing Finance Strategy
• Ensuring effective Legal and Regulatory Framework
• Expanding Mortgage Finance
➢ Designing appropriate mortgage finance products
• Enhancing access to capital markets
• Need for alternative housing finance products such as medium-term non-mortgage
finance instruments, mini-mortgages, micro-finance for housing
• Enhancing affordable private rental housing

Block Chain Technology
• The current state of property agreements have a lot of moving parts and middlemen. A transaction using a smart contract is completed entirely between the buyer and the seller (or renter and landlord) and has no human interaction.
• Transactions can be done in far less time with far less chance of fraud. The seller includes all of the details of the property and the buyer puts all of their
necessary information on a 100% encrypted and secure block.
• If all property title was decentralized on the blockchain, an immense amount of time and money would be saved and, potentially, it could eliminate the
need for title insurance altogether.
• It could also be possible to add information about construction, damages and improvements to the title, almost like Carfax for homes. This will help make it so
that people truly know what they are buying.

Source: Shelter Afrique

Construction of Affordable Housing Units in Cape Town Approved

The City of Cape Town in South Africa has received proposal approval that will pave way for construction of 240 affordable housing units in the town.

The Municipal Planning Tribunal who approved the proposal said that the developments would be located between Strandfontein, Ottery and Boundary roads and would help create a well-defined edge between the urban zone and the rural area known Philippi Horticultural Area (PHA).

“The panel’s decision to approve the  proposal is for the greater good of the local community and also complies with the city of Cape Town’s municipal spatial development framework that requires the city to protect the productive core of the PHA,” said Marian Nieuwoudt, Cape Town mayoral committee member for spatial planning and environment.

“We are all aware of the dire need for affordable housing in Cape Town. Approximately 30% of the land in Knole Park is vacant and neglected, making it prone to crime and invasions. These private developments will help put to good use urban vacant land, while at the same time improving the general safety of the local community,” Nieuwoudt added.

Affordable housing units

Four private sector developments in Philippi township will be set aside for project. The developments will comprise 242 flats in all, located across Knole Park and intended for lower to middle-income households. The site is located close to public transport services and major routes, providing residents with easy access to industrial and commercial areas.

Additionally the developers will be obliged as part of the conditions of approval to install a traffic signal at the intersection of Ottery and Boundary roads to improve traffic flow, to upgrade the gravel surfaces on Koan road and part of Boundary road with asphalt surfaces and install sidewalks along Ottery road, down Boundary road, and along Koan road.

Source: constructionreviewonline

Plugin Housing Challenge – Towards a More Efficient Future of Housing


Humankind has lived and worked primarily in rural areas. But now, more than half of the globe’s population, will be living in towns and cities. The number of urban dwellers is rising, reaching almost 32% of total world population, and 68% by 2050. It is estimated that 900 million urban dwellers and over one billion rural people now live in overcrowded and poor quality housing without adequate provision for water, sanitation, drainage or the collection of household waste.

Even renting affordable houses in the world’s largest cities is impossible and people have to resort to long commute hours to reach their workplace. A remedy for such conditions is required on a large scale that tackles with the issue of housing for low income groups residing in urban areas.

A possible long-term solution would be to design compact housing units that are affordable for construction as well as usage. Compact Housing can also be referred to as micro or capsule housing. This concept has been derived from the necessity of providing a shelter along with basic facilities for its users. It is a small, self-contained, single or double occupancy unit, typically in urban crowded areas.


The challenge is to design micro/compact housing units of single and double occupancy that can be plugged in together depending on the demand of the urban locality. These units must be modular in nature ready to be plugged in together to form blocks of not more than 100 units each.
The participants are expected to conceptualize complete functional blocks which would include interactive areas/common service areas and corridors for circulation. The units can be technology driven and added or subtracted from one block to another depending on the demand of the locality.

Source: archdaily

Why Fashola’s Second Term As Minister Should Focus on Low Cost Housing

Why has the multiple housing initiatives implemented by Nigeria over the years failed to be of any significant impact to the country’s humongous housing needs? A lot of people blame it on corruption, others blame it on bad policies, and they are both right. As a matter of fact, the two influences each other.

A housing policy that is not well thought out and measured to satisfy the needs of the majority who needs those houses wouldn’t achieve much. A lot of experts in the housing policy sector believe that most housing projects in Nigeria over decades have only served the need of the minority rich, in disregard of the majority poor. That is where the problem lies.

Majority of Nigeria’s 200 million people live in urban slums and unfit houses, while the rich occupy overpriced estates in a few cities. While the equation presents a recipe for social disaster, the political elite do not feel the urgent need to turn things around for the better.

It has become increasingly important for the government, both at the federal and state levels to strengthen housing and urban development policies to accommodate households’ social demographic characteristics.

A lot of stakeholders have expressed concerns over the present approach and policy, which allowed unfettered market forces in determining housing consumption. Some have also warned that the policy would not achieve the desired results of access to decent, safe and affordable housing for all Nigerians.

The call is for the introduction of more social housing schemes like Family Homes Funds to take care of the needy that cannot take care of their housing needs on their own. The social housing scheme must be vigorously pursued for the sake of the vulnerable that are majority in the country.

The first tenure of Babatunde Raji Fashola saw him undertake a pilot National Housing Programme which led to a nationwide housing construction in various states of the federation. According to the minister, while giving account of his service mentioned that construction works at these project sites are an ecosystem of human enterprise where artisans, vendors, suppliers and craftsmen are direct beneficiaries as well as contributors to nation building.

It is therefore important that unlike previous housing programmes in Nigeria, this one should not be abandoned, but reinvigorated and adapted to prevailing challenges in a way that more results can be achieved and more houses built for the poor who needs them the most. According to Housing Development Advocacy Network, the projects that are ongoing should be completed and new ones initiated, and must be affordable for those that genuinely need the houses.

President Buhari has frequently spoken about his passion for the poor, and many believe that the greatest way to show this, especially under the Next Level government is to address one of the most important, yet near impossible needs of the poor masses – housing.

There is high expectation for the government and the minister of works and housing to implement policies and projects that will enable the construction of mass affordable housing for the poorest majority in the country. Only this can trigger the most revolutionary growth needed in the country’s economic sector, which will in turn attract local and foreign investments.

Family Homes Funds Begins another 2000 Housing Projects in Adamawa for Civil Servants, IDPs, Signs MoU

Federal Government social housing scheme, Family Homes Funds has on Wednesday signed a deal worth up to N8.3 billion with the Adamawa state government to provide 2000 homes for civil servants in the state and other low income earners.

In addition, Family Homes Funds will also provide financing through the Help to Own (HTO) package to make it easy for civil servants and others to purchase these homes.

For all projects undertaken by Family Homes Funds, the critical element of its execution includes the provision of jobs, hence, it is also important to note that these 2000 homes mean at least 6000 jobs for direct and indirect labour forces.

Through the scheme’s Help To Own package which will be part of this project, the 2000 HTO loans mean at least 2000 mortgages treated, making it very easy for the beneficiaries to own a decent home at the most affordable rates and conditions available in the country.

As an all-inclusive project, Family Homes Funds is developing the project in a way that Internally Displaced Persons (IDPs) in those areas can resettle into normal living as well.

Barely a year since its kick-off, Family Homes Funds has financed the development of at least 1050 homes with another 3000 at different stages of development. They have been able to create about 1400 jobs through these projects. Over 500 units have been completed in Nasarawa state, 750 in Kano, 650 in Delta and many more all over the country.

Most states that are in partnership with the Fund are now keying into the program to provide housing for their staff through the fund. In Borno state, the Fund is providing about 4700 homes, with 3000 of those being very low cost homes for Internally Displaced Persons (IDPs).

The Fund which also recently signed a ground-breaking deal with Yobe state to provide up to 2600 homes, believes that its projects including the one now initiated in Adamawa will improve the lot of the beneficiaries whom have always yearned to own their own homes.


Climate Change Is Already Amplifying the Affordable Housing Crisis

When Hurricane Michael tore through the Florida panhandle last October, it killed at least 43 people, caused an estimated $25 billion in damage, and destroyed thousands of homes. In Mexico Beach, Florida, where the storm made landfall and the damage was concentrated, nearly half the homes were destroyed and almost all of them were damaged.

Many residents were still living in substandard housing six months after the storm, and competing for a shrunken pool of rental units with workers who had come to town to assist in the storm recovery, according to a report in The Washington Post. Other areas of Florida were already facing challenging housing shortages. And earlier this year, as Next City reported, the state legislature once again pulled money from an affordable housing trust fund to pay for other programs, including disaster relief.

Housing damage from extreme weather events like Hurricane Michael “further compounds the nationwide affordable housing crisis,” the Center for American Progress, the left-leaning D.C. think tank with close ties to the Democratic Party, wrote in a report released earlier this month called “A Perfect Storm: Extreme Weather as an Affordable Housing Crisis Multiplier.”

“Efforts to address the devastating impacts of natural disasters … have thus far failed to consider the threat multiplier effect that more extreme weather and scarce supply of affordable housing has on frontline communities — those most likely to experience the worst and first climate impacts,” the report says. “Solutions that offer only temporary relief in the wake of disasters and/or are directed to wealthier households and homeowners will perpetuate the loss of affordable housing stock that, when damaged, is often demolished rather than rebuilt. Moreover, they will increase displacement, housing poverty, and homelessness.”

Catastrophic weather events are becoming more frequent. In the last three years, for example, weather events like storms, floods, and wildfires that caused at least $1 billion in damage, adjusted for inflation, doubled the yearly average during the period between 1980 and 2018.

“One of the reasons we wanted to write something like this was because, I think, people get caught up in thinking and hearing that climate change is some kind of distant threat,” says Heidi Schultheis, a co-author and senior policy analyst in the Poverty to Prosperity Program at CAP. “It feels a little bit intangible. We don’t see it affecting our day to day lives. We really wanted to bring home to people that this is not a distant threat. This is very much happening right now.”

The report cites a March study from the National Low Income Housing Coalition which shows a nationwide shortage of 7 million housing units for low-income renters. That shortage disproportionately harms low-income communities of color and people with disabilities. Natural disasters not only exacerbate homelessness by destroying existing housing, but they also have outsized mental and physical health impacts on people who are already experiencing homelessness, the report says.

The report, which was published six months after the United Nations Security Council held a discussion about climate change as a global “threat multiplier,” makes a number of recommendations for ways that the federal government as well as state and local policymakers can “build strong, healthy, fair, accessible, and affordable communities that are resilient to future climate change impacts.” Congress, for example, should direct HUD and FEMA to coordinate evacuation efforts and housing assistance in the wake of national disasters in racially equitable ways and in compliance with the Fair Housing Act, the report says.

Congress should also expand federal funding for rental assistance and homelessness services programs, it says. In addition, leaders at the state, local, and federal levels should invest in climate resilient infrastructure and community development projects that don’t create displacement, while adopting design guidelines that account for greater extreme weather risks. Specifically, the Center calls on Congress to pass the Reforming Disaster Recovery Act of 2019, which would address the equitable disaster funding recommendations, and for HUD to fully implement the Affirmatively Furthering Fair Housing rule, which would require housing authorities to address local segregation.

States and cities also need to acknowledge the increasing frequency of extreme weather events and plan for them, says Valerie Novack, the 2019 Portlight Fellow for the Center’s Disability Justice Initiative, and a co-author of the report. For many cities, damages from weather events that impact housing aren’t even big, headline-grabbing tropical storms or hurricanes, but more workaday floods or storms that can happen on a regular basis, Novack says. And governments also need to acknowledge the time it takes to recover from the biggest disasters.

“If it really takes us a decade to recover, and these events aren’t going to slow down, then what’s the reality of the scope of recovery year to year?” Novack says.

Heidi Schultheis says that while the authors didn’t conduct original research for the report, they sought to compile existing information in a way that emphasized the racial justice and disability justice aspects of the climate-change and affordable-housing challenges.

“The people most impacted are really those with the least power,” Schultheis says.

Guillermo Ortiz, a research assistant for energy and the environment at the Center for American Progress and lead author of the report, says the report is meant to build a case for federal action on the twin crises of climate change and affordable housing so that cities and states can respond more quickly and holistically to extreme weather events.

“We can develop recommendations and solutions, but ultimately, we need political will here in D.C.,” Ortiz says. “Eventually folks on the ground are going to have to deal with these things one way or another, and we want to make sure they have the resources to act at the local level.”

Source: nextcity

OYO Govt Reveals Plan To Provide Affordable Housing

The Oyo State Government on Monday said it would create new satellite towns to decongest Ibadan metropolis.

Mr Abdu-Raheem Abiodun, the state’s new Commissioner for Lands, Housing and Urban Development, stated this in Ibadan shortly after assuming office in the ministry.

According to Abiodun, Ibadan has a population of over three million people, making it the third most populated city in Nigeria after Lagos and Kano states.

He said the state government would acquire lands in communities to enable willing residents to have access to their choice of land at affordable rates in any location in the state.

”This will help decongest Ibadan and allow for developmental projects that will help beautify the capital city and spread to the other major towns in the state.

” The intention of the Gov. Seyi Makinde administration is to make housing affordable and available to the people of the state,” he said.

He, however, called on residents of the state to desist from erecting illegal structures on roads and stream setbacks.

Abiodun also warned against dumping of refuse inside rivers, streams and waterways.

The commissioner assured the people of the state of prompt process and dispatch of Certificates of Occupancy at an affordable cost.

Abiodun further admonished workers in the ministry to exhibit a high sense of responsibility in the discharge of their duties.


Family Homes Funds Sign N10.8bn Deal with Yobe for 2,600 Housing Units

A N10.8 billion worth deal has been signed by Family Homes Funds and Yobe State Government yesterday for the construction of 2,600 urban and rural housing units.

The agreement, signed in Abuja between the state government and Family Homes Fund Ltd, has 10-year repayment tenure.

Governor Mai Mala Buni, who signed as a witness, said the project was in line with the United Nations Sustainable Development Goals, noting that his administration’s guiding principle considered affordable housing a key marker of social progress.

He said: “When people have comfortable accommodation, they are more likely to have the right frame of mind to engage in meaningful socio-economic activities,” adding that as such the housing units would be spread across all parts of the state

. “Accordingly, we will build 500 units in Yobe Zone A with Gaidam and Buni-Yadi Towns each having 250 units. In Zone B, we will construct 250 units in Potiskum and 200 units in Damagum Town of Fune Local Government area. In Zone C, we will cite the houses in Gashu’a Town with 250 units, Nguru with 200 units and Machina with 150 units. “The state capital, Damaturu, will have 1000 units of the houses.

Of this number, 500 will be cited along Potiskum road, 250 along Maiduguri road and the remaining 250 units along Gujba road. When completed, the houses will be sold to interested people across the state at affordable rates,” he said. He said the foundation laying ceremony would hold in Damaturu on September 5 as part of activities to mark his administration’s 100 days in office.

The Managing Director of Family Homes Fund Ltd, Femi Adewole, said the firm envisaged a construction period of 18 months and would provide funds for the project. He added that the firm would also provide technical supports to deliver homes on time and at the right quality. The Solicitor-General and Permanent Secretary of the Yobe Ministry of Justice, Hajiya Hadiza Mohd Umar, signed on behalf of the state; while Adewole signed for the Family Homes Funds.

How Family Homes Funds is leading ‘Next Level’ Affordable Housing Delivery

Against all odds, Family Homes Funds has established itself as a reliable social housing scheme for low and medium income earners in Nigeria. At its conception, sceptics were unsure – and rightly so – about how a federal government plan to build at least 500, 000 homes and create up to 1.5 million jobs in the process within 5 years through Family Homes Funds can be achieved. This scepticism was based on how replete Nigeria’s history is with many failed attempts to address the country’s embarrassing housing deficit.

It has been barely a year since kick-off, but the Fund has so far developed at least 1050 homes with another 3000 at different stages of development. They have been able to create about 1400 jobs through these projects. Over 500 units have been completed in Nasarawa state, 750 in Kano, 650 in Delta and many more all over the country.

Giving Nigeria’s housing deficit, these numbers might indeed seem like a drop in the ocean, but if previous projects were this consistent and result oriented, the deficit which many believe stands at least 17 – 20 million today wouldn’t have been.

With nearly 200 million people, Nigeria has the largest population in Africa, and it is the 7th in world population ranking. In spite of this huge population, the country has struggled over decades to come up with a sustainable action plan that will reduce the incredible housing gap in the country.

Governments in many countries take the responsibility for the provision of housing through a mortgage financing system that simplifies home ownership for employed citizens, and a social security system for the unemployed. And this is why China with a population of 1.3 billion people has a housing surplus yet Nigeria with a population of about 200 million has a housing deficit.

It is against this backdrop that the current administration under the leadership President Muhammadu Buhari and the Ministry of Works, Power and Housing, introduced new policy measures and initiatives to address the housing challenges in the country.

The Family Homes Fund Limited is one of such new initiatives. The Fund is a partnership between the Federal Ministry of Finance and the Nigerian Sovereign Investment Authority as founding shareholders. The Fund is the largest affordable housing-focused fund in Sub-Sahara Africa, leveraging its significant capital (in excess of N500billion by 2023) to facilitate access to affordable housing for millions of Nigerians on low to medium income groups. Through strategic partnerships with various players in the sector and some of the world’s main Development Finance Institutions, the Fund has an ambitious commitment to facilitate and supply 500,000 homes and 1.5million jobs for the low income earners by 2023.

Through its Rental Housing and Help-to-Buy Schemes, beneficiaries of the project enjoy a deferred loan for up to 40% of the cost of their home. For the first 5 years of the loan, no payments need to be made. From the 6th year, monthly payments will be made to start repaying both interest and capital to assist the purchaser. The amount paid starts low and increases each year in gradual steps (average 6.5% per annum) in order for the Help-To-Buy loan to be fully repaid by the 20th year, the same year the mortgage is expected to be fully repaid.

To qualify, households will have earnings between N600k to N1.2m per annum and the Fund ensures that 1 bedroom unit should not be more than N3 million; 2 bedroom unit should not be more than N4.5 million, and 3 bedroom should not be more than N6.5 million. An exception is made in Abuja, Lagos, Port Harcourt and Kano where the cost of a new home can be as high as N9m. Households benefiting from Loan Assistance will not be owners of a suitable home and will include one income earner who is under 35 years of age and does not have to be one of the people applying for the scheme or the loan but must be available to help with repayments.

The Fund is in strategic partnership with housing stakeholders like the NMRC, with which it is currently working on affordable mortgages specifically through the Help-to-Own product where low income earners can enjoy the most affordable and flexible mortgage system in the country.

Family Homes Funds is most likely the only agency today in the country that is providing financing for affordable housing outside of the commercial banks where the interest rates, requirements, affordability and development costs are usually high. The fact that they are able to provide financing at no more than 10 percent per annum which is about one third of the market rate is a significant and novel intervention.

Most states that are in partnership with the Fund are now keying into the program to provide housing for their staff through the fund. In Borno state, the Fund is providing about 4700 homes, with 3000 of those being very low cost homes for Internally Displaced Persons (IDPs).

Having signed a Memorandum of Understanding (MoU) with Construction Skills Training and Empowerment Project Ltd/Gte C-STEMP, an organization with a vision to build a pool and database of certified artisans with the requisite skills to meet industry needs that translate to better quality of work and life for all stakeholders – Family Homes Funds has shown commitment to incorporate training, assessment and certification as a condition for beneficiaries to access its programs and to ensure that only skilled labour are utilized on its projects. Its laudable partnership with C-STEMP is to provide affordable and quality homes while creating jobs for highly qualified persons.

What makes Family Homes Funds stand out? The motivation behind the establishment of Family Homes Funds is based on the fact that it is not just enough to supply houses without taking care of the demand side. The Fund dedicates sufficient strategy to ensuring that the supply of houses meets the demand for it.

As calls for sustainable building rings loud in the air, Family Homes Funds already leads the way through its collaboration with other agencies in the development and application of building innovations that can be cost effective. Family Homes Funds is working with bodies like MBRI to commercialise innovative building systems that rely very little on concrete and cement, which is a significant step in not only advancing local content, but ensuring sustainability.

As a testament to their hard-work, Family Homes Funds won the Affordable Housing Promoter of the Year Award at the 2019 Nigeria Housing Awards. The prestigious award is in recognition of ongoing affordable housing projects being financed by the fund for low and middle income earners across the country.

While the excellent progress of Family Homes Funds excites stakeholders, there is the need for government to ensure that the kind of bureaucracy and political interference that have prevented previous and ongoing housing initiatives in the country from achieving their set aims do not affect Family Homes Funds. Its independence and all-round support from the government ought to be uninterrupted if set goals are to be reached in the allotted time frame of delivering the 500, 000 homes.

The Government’s Affordable Housing and National Mortgage Scheme

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