Borno govt, FHFL commission, handover 300 new homes to IDPS in Ngamdu

No fewer than 300 homes have been handed over to Internally Displaced Persons by the Borno State government and the Family Homes Funds Limited in Ngamdu.

The 300 housing units of semi-detached 2-bedrooms were commissioned recently by the Borno state governor, Prof. Babagana Zulum, in company of the Managing Director of Family Homes Funds Limited (FHFL), Femi Adewole and the managing team of FHFL.

In partnership with the state government, the Family Homes Funds financed the project and provided other technical support required to improve the living condition of low-income earners and Internally Displaced Persons in the state.

Ngamdu is one of several towns that have dealt with attacks by insurgent groups over the years, which has ĺled to displacements and loss of homes. This project, which is one of many, complements the state’s initiative to reconstruct, rehabilitate and resettle thousands of families as a new lease of life begins.

Through a partnership between the Government of President Muhammadu Buhari at the centre and the spirited leadership of the State Governor, Prof. Babagana Zulum, up to 3,200 families who have had to contend with the challenge of being displaced and living in makeshift tents will have access to brand new homes in their original communities to start new lives. The scheme, financed by the Family Homes Funds and taking place across several parts of the state are also providing up to 12,000 jobs for young people and enabling the long journey towards rebuilding these communities

Following the commissioning, about five families who were previously displaced were given land certificates and title documents to immediately move into the new homes.

Two months ago, 700 homes comprising of 200 in Chibok and 500 in Yana Yaskuri were completed and handed over to previously displaced families as well, making it a total of 1,000 homes that have now been completed and handed over to beneficiaries in the state.

The scheme validates FHFL’s commitment to social housing in Nigeria, as the houses are only priced at N1.8 million.

With over 11,615 homes either completed or in the process, Family Homes Funds projects in several states across the country like Delta, Nasarawa, Ogun, Kano, Kaduna, Bauchi, Borno, Adamawa, Yobe and others have employed at least 64,000 workers – directly and indirectly.

The company’s affordable housing projects provide jobs for contractors, developers, engineers, site supervisors, admin staff, property managers, artisans, masons, plumbers, electricians, iron benders, foremen, gardeners, labourers, cleaners, tillers, storekeepers, security guards, food vendors, suppliers, and other products and service providers tied to the construction sites.

Family Homes Funds is rapidly deepening the capacity for Nigeria to continuously deliver affordable homes for millions of Nigerians on low-income who would need those homes the most.

Before the end of 2021, the company says it plans to finance the development of about 50,000 more homes for low-income earners like civil servants, traders, and members of cooperatives.

These affordable housing projects, including the Federal Government’s National Social Housing Programme (NSHP), which is being implemented by the Family Homes Funds to deliver 300,000 homes across every state in Nigeria including the Federal Capital Territory is not only a huge opportunity to help reduce Nigeria’s housing deficit, but they have been recognized by FHFL as drivers of post-covid recovery and poverty alleviation in Nigeria.

On his part, the Managing Director of the Family Homes Funds reaffirmed the institution’s commitment to improving the lives of Nigerians, wherever they may be.

“We are here as a testament to the partnership we have enjoyed with Borno state, and the hardworking Governor, with whom we have shared values towards improving the lives of people. Borno state was the very first partner of the Family Homes Funds, and we are delighted that the promise of delivering affordable homes to some of the most vulnerable people in our nation is being fulfilled. It is our privilege to partner with the state government under the leadership of His Excellency, Governor Babagana Zulum.

“The Family Homes Funds is unquestionably focused on its responsibility for delivering on the Government’s agenda for ensuring that millions of Nigerians living in unacceptable housing conditions not only have access to a safe, decent, and affordable home but sustainable jobs too. We are therefore pleased to have had the opportunity on behalf of the Government of President Buhari to support the Government of Borno State on this initiative which has started to impact lives directly. We look forward to the completion of the entire scheme and are happy about the opportunity to expand it through the social housing programme.”