Home News FG Unveils Plan To Allocate 8,925 Affordable Houses Nationwide

FG Unveils Plan To Allocate 8,925 Affordable Houses Nationwide

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Abuja – April 16, 2024 – Viewpoint Housing News.

Plans to distribute 8,925 homes to qualified candidates around the country through the national housing project have been revealed by the Federal Ministry of Housing and Urban Development (FMHUD).
Dr. Marcus Ogunbiyi, the Permanent Secretary of FMHUD in Abuja, made a statement that included this.

Ogunbiyi explained that, the allotment is the result of a careful evaluation of the requirements and procedures controlling the sale of homes under the National Housing Programme, as outlined in a circular released in December 2023.

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

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.

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.

He clarified that completed houses are unavailable in Abia, Lagos, Bayelsa, Rivers states and the Federal Capital Territory (FCT), stating allocation of units in these regions will be conducted upon the culmination of housing projects later in the year.

The statement reads: “The Ministry is presently in the process of refining the conditions and procedures for sales of houses under the National Housing Programme.

“Part of the new sales process is the completion of an Expression of Interest form.

“Interested subscribers who were offered a provisional offer of allocation that elapsed between 10h March 2022 and 18h October 2023 are free to re-apply by completing the Expression of Interest form.

“All interested subscribers are to obtain their Expression of Interest forms from the office of the Federal Controllers of Housing and Urban Development in the 36 states of the Federation and Federal Capital Territory at no cost.

“However, Nigerians in the diaspora who are interested in subscribing to the Houses are to obtain their Expression of Interest Forms from the office of the Chairman/CEO, Nigerians in Diaspora Commission.”

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