In acknowledging their sterling performance and contributions to the nation’s housing sector, the Association of Housing Corporation of Nigeria (AHCN) has honoured the Executive Governor of Lagos State, Babajide Sanwo-Olu and the Family Homes Funds Limited (FHFL) with an award of excellence in affordable housing delivery.

The award was given at the just concluded 2022 Housing Africa conference held in Lagos.

Other distinguished personalities that were honored are the Executive Director, Housing Development Advocacy Network (HDAN), Festus Adebayo, and the Immediate past Managing Director of Family Homes Funds Limited, Femi Adewole.

In a press conference following the event, AHCN Executive Secretary, Mr Toye Eniola, stated that the recognition of the outstanding personalities and the FHFL became necessary due to their significant contributions to and special interest in the housing sector over the years.

According to him, the introduction of FHFL in 2018 by the Federal Government has saw the housing sector through a series of laudable developments with a commendable antecedence revolving around the provision of affordable and low-cost homes for families, coupled with the complimentary responsibility of creating jobs and promoting local production of building materials in the country.

“Although Family Homes Funds did not deliver the 500,000 housing units mandated, considering the country’s prevalent economic realities; high labour costs, building materials, difficulty in obtaining lands, and currency fluctuations that affect the cost of everything in the country, Family Homes Funds must be commended for the level of achievements the organisation was able to achieve this past year”, he said.

He also praised the passion and energy with which the HDAN Director, Adebayo has been using in projecting the housing sector, hence driving the delivery of affordable housing, describing it as “unparalleled and outstanding.”

Also honoured at the high powered event were Brains and Hammers, Post Service Housing Dev Co. Ltd, Federal Housing Authority (FHA), Lagos State Development and Property Corporation, and Hon Agu Chukwumelie, the Managing Director, Enugu State Housing Development Corporation.