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Family Homes Funds partnered with the Delta State Government to commission the affordable housing project in what was recognised as a win for affordable housing in Nigeria. The Family Homes Funds Estate, located at Issele-Azagba, Benin-Asaba Expressway, comprises 650 units of affordable homes, built to improve the quality of life for low-income families. The estate was commissioned by the Vice President of Nigeria, Professor Yemi Osinbajo, SAN, GCON under whose office the Family Homes Funds was conceived. He was alongside the Governor of Delta State; Senator Dr Ifeanyi Okowa, who played a significant role in to delivery of the project by providing access to land. In commissioning this project, the Governor has also pledged an additional 50 hectares which can provide up to 1000 units of good quality homes for low-income families.
In addition to making the homes affordable, the Family Homes Funds also
launched the Help-To-Own mortgage product which will reduce the barrier
to access mortgage for these families. While many homebuyers have
already keyed into the scheme, some are already benefiting from the
Help-To-Own product. The affordable housing project consists of one,
two- and three-bedroom bungalows with all necessary facilities for home
functionality. The estate has adequate access to water supply, power,
security and good road network. “the estate is built in a fast
developing and serene area with a lot of greenery. It represents the
fund’s vision to not only build houses, but to build ones that are
healthy to live in and affordable for the owners.”- Mr Femi Adewole (MD,
Family Homes Funds)
On Monday, June 2, 2025, Nigeria's affordable housing sector recorded a major advancement with the signing of a collaboration agreement between the Ministry of Finance Incorporated (MOFI), Family Hom...
June 04, 2025
A joint training workshop organized by Family Homes Funds Limited (FHFL) in collaboration with the Mortgage Bankers Association of Nigeria (MBAN) convened a pivotal stakeholders’ session on Wednesd...
May 16, 2025
On April 26, 2025, Family Homes Funds Limited (FHFL) brought joy to Family Homes Estate in Grand Luvu, Nasarawa, with a generous donation of soccer equipment, sparking excitement among residents. Led...
May 03, 2025
On this day, March 20, 2025, a significant milestone was achieved as the Executive Secretary of the Nigeria Police Trust Fund (NPTF), Mohammed Sheidu, accompanied by members of the management team, v...
March 21, 2025
In a recent release from the Statehouse Abuja, Family Homes Funds Limited (FHFL) has been recognized as Nigeria’s leading affordable housing finance agency, trusted to drive transformational change...
February 27, 2025
Family Homes Funds Limited (FHFL) recently visited the Renewed Hope Cities and Estate Project in Janguza, Kano State, a groundbreaking initiative set to deliver homes for at least 3,000 families in p...
February 26, 2025
Family Homes Funds Ltd held a stakeholder session, bringing together Developers, Primary Mortgage Banks, and Commercial Banks. The brainstorming session aimed to discuss challenges and bottlenecks in...
January 23, 2025
As part of its commitment to advancing social housing development in Nigeria, the management of Family Homes Funds Ltd. (FHFL), led by the Managing Director, Abdul Mutallab Mukhtar, conducted an offi...
January 22, 2025
The Cross River State Ministry of Housing, led by Hon. Dr. Mrs. Beatrice Ocheke Igwe, officially handed over five hectares of land to Family Homes Funds Limited (FHFL) to construct 70 two-bedroom hou...
January 09, 2025
Family Homes Funds Limited (FHFL) has been recognised with the prestigious “Mortgage Product of the Year” award at the Africa Housing Awards 2024 for its innovative and impactful Help-to-Own produ...
December 17, 2024
GCR Ratings (GCR) has upgraded Family Homes Funds Limited’s national scale long and short-term issuer ratings to A(NG) and A1(NG) from BBB+(NG) and A2(NG); with the Outlook revised to Stable from Po...
November 06, 2024
Abuja, Nigeria — Family Homes Funds Limited (FHFL) proudly announce the handover of home keys to six new homeowners under its transformative Help to Own (HtO) programme. This milestone marks a sign...
August 30, 2024
