FHA to Construct 25,000 Housing Units
- By Simeon Ogoegbulem
- Published September 12th, 2011
- News
- Unrated
The Federal Housing Authority (FHA) has announced plans to build additional 25,000 housing units in Abuja, the federal capital territory (FCT).
Terver Gemade, managing director of FHA, said the housing units, which is meant for middle and low income earners would be located in Bwari, one of the far lung suburbs of the FCT.
Gemade, who dropped the hint while receiving Ms Ama Pepple, minister of lands, housing and urban development, disclosed that already, the Authority had applied to the Federal Capital Territory Administration (FCTA) for the allocation of at least 2,000 hectares of land required for the execution of the project.
Gemade also disclosed that FHA has put in place a special construction finance intervention fund of N300 billion for mass housing delivery. He expressed strong confidence that the proposal if approved by the minister, would go a long way in reducing housing deficit in the country especially among the low and medium income earners.
He assured that the Authority is more than ever ready to help government achieve its transformation agenda through massive housing delivery. He therefore appealed to the minister to fast track the approval of its intervention fund proposals for mass housing delivery.
Responding, Pepple lamented the deplorable environments in which most Nigerians were made to live. She assured of the implementation of a social housing policy that would make houses available to the poor and low income earners across the country.
While noting that the removal of the FHA from budget appropriation had made it difficult for it to build for the poor and the vulnerable, the minister said she was sourcing for funds for social housing to solve the problem and pledged to take up the request for land for the project with the FCT Minister, Bala Mohammed.
Terver Gemade, managing director of FHA, said the housing units, which is meant for middle and low income earners would be located in Bwari, one of the far lung suburbs of the FCT.
Gemade, who dropped the hint while receiving Ms Ama Pepple, minister of lands, housing and urban development, disclosed that already, the Authority had applied to the Federal Capital Territory Administration (FCTA) for the allocation of at least 2,000 hectares of land required for the execution of the project.
Gemade also disclosed that FHA has put in place a special construction finance intervention fund of N300 billion for mass housing delivery. He expressed strong confidence that the proposal if approved by the minister, would go a long way in reducing housing deficit in the country especially among the low and medium income earners.
He assured that the Authority is more than ever ready to help government achieve its transformation agenda through massive housing delivery. He therefore appealed to the minister to fast track the approval of its intervention fund proposals for mass housing delivery.
Responding, Pepple lamented the deplorable environments in which most Nigerians were made to live. She assured of the implementation of a social housing policy that would make houses available to the poor and low income earners across the country.
While noting that the removal of the FHA from budget appropriation had made it difficult for it to build for the poor and the vulnerable, the minister said she was sourcing for funds for social housing to solve the problem and pledged to take up the request for land for the project with the FCT Minister, Bala Mohammed.
