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Home » Blog » FG ALLOCATES 8,925 AFFORDABLE HOUSES NATIONWIDE
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FG ALLOCATES 8,925 AFFORDABLE HOUSES NATIONWIDE

Eniola
Last updated: April 15, 2024 9:30 pm
Eniola Published April 15, 2024
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The Federal Ministry of Housing and Urban Development (FMHUD) has unveiled plans to assign 8,925 residences to deserving applicants nationwide through the national housing programme.

This was contained in a statement by the Permanent Secretary of FMHUD in Abuja Dr. Marcus Ogunbiyi .

Ogunbiyi explained that the allocation marks the culmination of a meticulous assessment of the prerequisites and protocols governing housing sales under the National Housing Program, as delineated in a circular disseminated in December 2023.

According to him, the allocation encompasses diverse housing schemes, encompassing outright payment, mortgage, rent-to-own and installment payment, tailored to suit the multifaceted needs of applicants.

He said that a total of 8,925 applications were tendered and distribution of applications by payment method delineates thus: outright payment – 1,294, mortgage – 2,408, rent-to-own – 2,184, and installment payment – 3,039.

He noted that applicants enrolled in the mortgage, rent-to-own and installment payment schemes, mandated to be subscribers to the National Housing Fund, are undergoing profiling.

Ogunbiyi stated successful applicants for outright payment will be extended offers for new provisional allocations with Federal Controllers of Housing and Urban Development in states and the Chairman/CEO of Nigerians in Diaspora Commission (NIDCOM) initiating contact with subscribers commencing Thursday, 18th April 2024, for further coordination.

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