Family Homes Funds’ Adewole Canvas for More Housing Initiatives in Nigeria

Family Homes Funds’ Adewole Canvas for More Housing Initiatives in Nigeria

The Family Homes Funds is Sub-Sahara Africa’s largest housing fund focused on affordable homes for Nigerian’s on low income. It is a social housing initiative promoted by the Federal Government of Nigeria as part of its social intervention programme with initial shareholding by the Federal Ministry of Finance and the Nigeria Sovereign.

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Govt Should Prioritise Housing Investment – adebayo barrister festus Adebayo is the convener of Abuja International Housing Show (AIHS) and president of Housing Development Advocacy Network (HDAN).

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If you take the numbers, Family Homes Funds wants to do 500,000 homes over five years, which is about 100,000 homes every year. I believe the Federal Mortgage Bank of Nigeria is doing about 20,000.

If we are going to have any chance of reducing the deficit, I think we even need to have about four times more initiatives than we have now. We probably need about four different Federal Housing Authorities, four Federal Mortgage Banks, and 10 Family Homes Funds if we are really serious about biting into this shortage.

Managing Director, Family Homes Funds, Mr Femi Adewole, said in a country like Nigeria where close to 90 per cent of the population are living on less than 0 income housing acquisition cannot.

The confab is an initiative of Housing Circuit Limited in conjunction with the Consulate of Nigeria in the New York.. Director, of Family Homes Funds, Mr. Femi adewole; managing director.

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The design competition by Shelter Afrique was launched at the 2016 AGM in Abuja, Nigeria. According to the firm’s Managing Director, Femi Adewole, more than. will need a home,” Mr Adewole said. The.

Alan Clay is that canvas. “by their aspirations more than their income [.]. middle class families aspire to home ownership, a car, college education for their children, health and retirement.

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