Fed Govt Distributes 8,925 Affordable Homes Across the Country

The Federal Ministry of Housing and Urban Development (FMHUD) has announced its plans to allocate 8,925 residences to eligible applicants across the country through the national housing programme.

According to a statement by Dr. Marcus Ogunbiyi, the Permanent Secretary of FMHUD in Abuja, this allocation follows a thorough assessment of the criteria and procedures for housing sales under the National Housing Program, outlined in a circular issued in December 2023.

The allocation covers various housing schemes, including outright payment, mortgage, rent-to-own, and installment payment, catering to the diverse needs of applicants.

Out of 8,925 applications received, the distribution by payment method is as follows: 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, who are required to be subscribers to the National Housing Fund, are currently being profiled.

Dr. Ogunbiyi noted that successful applicants for outright payment will receive offers for provisional allocations from the Federal Controllers of Housing and Urban Development in states. Subscribers will be contacted by the Chairman/CEO of Nigerians in Diaspora Commission (NIDCOM) starting Thursday, 18th April 2024, for further coordination.

He clarified that completed houses are not yet available in Abia, Lagos, Bayelsa, Rivers states, and the Federal Capital Territory (FCT). Allocation of units in these regions will be conducted upon the completion of housing projects later in the year.

The statement partly 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.”