FHFL commits over N19.9bn to provide 2,754 homes for low-income families in 6 states

Nigeria’s largest social housing fund, Family Homes Funds Limited (FHFL) is announcing an investment of over N19.9bn across 6 states in Nigeria, for the development of 2,754 homes for low-income families, in partnership with the respective state governments, private developers, and a Women Housing Society in Kaduna. The 2,754 homes which are spread across the…

Family Homes Funds MD chats with AUHF on Affordable Housing Development in Africa

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…

Family Homes Funds Limited Completes Issuance of N10bn Series 1 Ijara Lease Sukuk

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…