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 was set up as a private limited liability company in September 2016 with the Federal Ministry of Finance and Nigeria Sovereign Investment Authority as founding shareholders. FHFL is committed to seeing the development of 500,000 homes and in the process, creating 1.5m jobs. In addition to FHFL aims to match a seed funding from the Federal Government of Nigeria with additional capital raised through partnerships with private investors and Development Finance Institutions (DFIs). Read more
