Family Homes Funds Ltd. (FHFL) is a limited liability company with the Federal Ministry of Finance and the Nigerian Sovereign Investment Authority as founding shareholders. FHFL will be the largest affordable housing focused fund manager in Sub- Sahara Africa, deploying capital more than N1 trillion towards two core objectives: Supporting access to affordable housing for…
The Family Homes Funds Limited (FHFL) has been ranked first in the latest Transparency and Integrity Index released by the Centre for Fiscal Transparency and Integrity Watch (CEFTIW). The Center for Fiscal Transparency and Integrity Watch (CEFTIW) has presented a report on the evaluation of Ministries, Departments and Agencies, and other government institutions’ disclosure of…
As Nigeria and many African countries contend with a severe housing shortage, the Managing Director of Family Homes Funds Limited (FHFL), Femi Adewole has recommended more window of opportunities that will ease homeownership for most people on low-income. Speaking at the September Coffee Session (Q&A with Mr Femi Adewole) organized by the African Union for…
FHFL Board approves financing for 4,201 homes for the first phase Construction work begins in September in seven states The Board of the Family Homes Funds has approved financing for about 4,201 homes in Kano, Osun, Katsina, Enugu, Plateau, Abia and Kebbi states under the National Social Housing Programme (NSHP). The construction work on the…
Family Homes Funds Ltd. (FHFL) is a limited liability company with the Federal Ministry of Finance and the Nigerian Sovereign Investment Authority as founding shareholders. FHFL will be the largest affordable housing focused funds manager in Sub- Sahara Africa, deploying capital in excess of N1 trillion towards two core objectives: A. Supporting access to affordable…
1,000 homes financed by FHFL now commissioned in the state for low-income earners, IDPs Previously displaced persons and low-income earners in Ngamdu town in Kaga Local Government Area of Borno state have joined a fast-growing number of families in the state with access to decent homes of their own. The 300 housing units of semi-detached…
Family Homes Funds Limited (FHFL) is a social housing financing fund aimed at improving the quality of life of Nigerians on low income through housing. FHFL evolved as a response to the need to provide decent homes and accessible finance for low-income Nigerians while harnessing the job creating potential of the housing sector. The Fund…
Family Homes Funds Limited through Family Homes Sukuk Issuance Program Plc – has successfully completed the issuance of N10,000,000,000 7 Year 13% Series 1 Ijara Lease Sukuk due 2028 (“Series I Sukuk”) under the N30,000,000,000 Sukuk Issuance Programme. The Series I Sukuk is the first-ever SEC registered corporate Sukuk to be issued in Nigeria. It…
FAMILY HOMES ESTATES – PROPOSAL LOTS For the purpose of this RFP, the FHFL estates are in two different locations being: Kaduna and Kano State. The services required shall be rendered in these locations. Bidders are to indicate the location(s) of interest in their proposals. A bidder may bid for one or more locations but…
INTRODUCTION The Family Homes Funds Limited (FHFL) is a social housing initiative promoted by the Federal Government of Nigeria as part of its Social Intervention Programme. The Company is a Limited Liability Company with initial shareholding by the Federal Ministry of Finance and the Nigeria Sovereign Investment Authority. Over the next 4 years, the company…