Nigeria’s largest social housing institution, Family Homes Funds Limited (FHFL) has announced a stakeholders’ forum with critical housing and finance stakeholders in the southeast, scheduled to hold on Wednesday, 18th of May 2022 at the Amadeo event centre in Enugu by 9:30am.
The event is part of FHFL’s routine engagement with important stakeholders with the purpose of identifying ways to partner effectively towards the delivery of quality and affordable housing for low-income earners across Nigeria.
Towards the event, FHFL is extending invitation to operators in the southeast including developers, mortgage and commercial banks, chambers of commerce, housing corporations, and government representatives.
The forum will emphasize FHFL’s overall objectives, highlight some of the key issues relating to FHFL’s partnership with developers; create awareness about FHFL’s terms of engagement and requirements, and place these issues within a framework to stimulate discussion.
The discussions will centre around enlightenment about FHFL’s products, and innovative solutions, its portfolio and life changing interventions across the country with regards to affordable housing and job creation; how to access FHFL opportunities; advance the conversation on affordable housing delivery and addressing key blockage issues like land titles, off-take and collateral structures and options.
Family Homes Funds’ experience with developing affordable homes for low-income beneficiaries have shown that partnership is one of the most important factors for success.
The institution works to create environments for such partnerships to thrive which will inevitably lead to their ultimate goals of creating more homes and functional communities, markets for businesses to grow, profitable platforms for investments, and opportunities for employment.
Helping to reduce Nigeria’s significant housing deficit requires a lot of innovation which cannot be done in isolation. This, according to the institution, informs the need for strong partnerships with relevant stakeholders like state governments, developers, cooperatives and corporations, research institutes, manufacturers, start-ups, and other organizations that share our dream – and most importantly, the eventual homeowners, whose idea of what they want are just as critical.
This process of engagement has begun through previous roundtables and conference sessions where the FHFL team met with several public and private sector developers, government officials, suppliers etc. This engagement with developers in the southeast continues in that path.
