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FG to promote affordable housing, inaugurates housing portal

Zion Rufus by Zion Rufus
6 months ago
in Industry News
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FG to promote affordable housing, inaugurates housing portal
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Following the inauguration of the portal for the National Housing Programme, the Federal Government is urging Nigerians to submit applications for the affordable homes.

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Minister of Works and Housing, Babatunde Fashola disclosed that the housing construction programme was being carried out in phases and that over 5,000 houses had been completed in the first and second phases across 34 states and the Federal Capital Territory.

The minister said the online portal was introduced by the government from which the housing programme would be offered to members of the public, adding that the forms were online and allowed for more openness, limited human interventions, and would hold the government more accountable.

He said: “We currently have over 5,000 units at different stages of completion. The houses range from one, two and three semi-detached bungalows and one to three-bedroom flats.”

Fashola noted that the buildings would be sold from N7m to N16.19m, adding that payments could either be through mortgage or any financial system of preference.

“The least selling price for each of these houses will be N7.2m and the highest will be N16.19m. The highest is a three-bedroom bungalow, it is not just the house but it also has land along with it. The bungalows are a little more expensive than the blocks of flats which do not have additional land.

“There are some slight price differences in the blocks of flats built in the riverine and swampy areas, for example, houses in Edo, Bayelsa.”

He added, “This is the first time we have a platform that every Nigerian has access to. This provides an opportunity for all Nigerians to apply and ensure a fair process of allocation.

“We will soon start the official handover and tape cutting as the subscribers come in. We have maintenance and facilities managers in all the estates.”

 

 

Zion Rufus

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Tags: affordable housingConstructiondigitalHousingportalPropertyreal estate

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