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The Family Homes Funds Asaba Estate is located at Issele-Azagba/ Otulu road, a bustling highway with proximity to the Asaba Airport and quick access into Asaba town. The estate is developed to accomodate 650 units comprising one and two bedroom semi-detached terrace bungalows. The estate comes with water and electricity facilities fully provided and was constructed in line with sustainaible development goals objectives with green parks and public spaces, shops, worship areas and recreational areas included.
Drawing Inspiration from our MandateExecuting developmental projects are increasingly becoming complex because of the unintended negative externalities associated with them and the far-reaching impact...
September 12, 2023
Rating agency, Agusto & Co. has announced the upgrade of the rating assigned to Family Homes Funds Limited (FHFL) from ‘’A’’ to ‘’A+’’.The upgrade, according to the pan-African leader ...
August 28, 2023
Family Homes Funds Limited (FHFL) has held the 2023 edition of the Human Resources (HR) Week featuring transformative team building activities. With diverse backgrounds and talents, the team embarked...
August 14, 2023
The 17th Africa International Housing Show - a week long conference and exhibition for stakeholders in the housing sector was concluded at an important dinner on Thursday where Family Homes Funds Lim...
July 27, 2023
Abuja, Nigeria – Recently, a significant meeting was held between Family Homes Funds Limited (FHFL) and the African Development Bank (AfDB) on the Help to Own (HTO) program that will increase home o...
June 20, 2023
Family Homes Funds Limited (FHFL) – Nigeria’s largest supporter of affordable housing, and Gombe State Government have closed on financing and commenced construction of a new project delivering 6...
May 10, 2023
Family Homes Funds Limited is one of the winners of the IFN deals of the year – the global Islamic finance and banking industry’s most prestigious honours.FHFL’s series II N20bn Corporate Suku...
March 24, 2023
President Muhammadu Buhari has officially commissioned the Family Homes Estate in Darmanawa, Kano state for low-income families. The ceremony which took place on Monday 30th January 2023 marks a ne...
March 24, 2023
Abuja, Nigeria – Family Homes Funds Limited (FHFL) has been named the Affordable Housing Company of the Year at the 2022 Africa Housing Awards (AHA).The awards ceremony which took place on Thursday...
March 24, 2023
Five hundred new homes financed by Family Homes Funds Limited (FHFL) in partnership with the Kano state government have been presented to the beneficiaries in Kano state. The official presentation of...
December 12, 2022
On Thursday, December 1, 2022, a delegation from the Association of Housing Corporations of Nigeria led by the President, Victor Onukwugha paid a courtesy call to the Family Homes Funds Limited (FHFL...
December 02, 2022
The Association of Housing Corporations of Nigeria (AHCN) has awarded Family Homes Funds Limited (FHFL) the Affordable Housing Finance Company of the Year. The award was presented to FHFL at the just...
November 06, 2022
FHFL has successfully retained its strong GCR Rating BBB+/A2 — for a further one year with stable outlook. Recall that FHFL was upgraded by Agusto & Co. to an ‘A’ rating valid until 30 June 202...
November 04, 2022
Abuja, Nigeria. October 21, 2022 – The Board of Directors of the Family Homes Funds Limited (FHFL) announces the retirement of Mr. Femi Adewole from the position of Managing Director of FHFL upon t...
October 21, 2022
Abuja, Nigeria – The Shareholders of Family Homes Funds Limited (FHFL) have approved the 2021 audited financials of the social housing institution. The Company’s Annual General Meeting (AGM) even...
October 20, 2022
According to a 2021 study by the World Bank, Nigerian cities are now home to about 53% of the population, approximately 110 million people. By 2050, this number, according to the UN Population Migrat...
October 07, 2022
An impactful engagement with housing stakeholders in Lagos. FHFL continues to engage with the experience and expertise of stakeholders in the sector as it works collaboratively to address poverty and...
September 16, 2022
Agusto & Co has upgraded its credit rating of the Family Homes Funds Limited (FHFL) from ‘’BBB’’ to ‘’A’’ The pan-African leader in credit ratings and credit reports has announced tha...
August 26, 2022
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 a...
July 22, 2022
The Family Homes Funds 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 initi...
June 18, 2022
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 a...
April 29, 2022
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 fa...
April 08, 2022
Family Homes Funds Limited (FHFL) has announced an investment of N3.9bn (approximately N4bn) in Kebbi state (Northwest Nigeria) to kick-off the development of 620 homes for low-income families. The a...
January 26, 2022
The Family Homes Funds Limited (FHFL) has been awarded for the Housing Intervention Program of the Year at the 2021 Africa Housing Awards. The award which took place on Friday, 10th December 2021 at ...
December 16, 2021
The Governor of Kano State, His Excellency, Dr. Abdullahi Ganduje has applauded the quality and importance of the Family Homes Funds affordable housing projects in the state. The Governor made this k...
December 16, 2021
The Nigerian Senate Committee on Housing has commended the Family Homes Funds Limited (FHFL) efforts in enhancing affordable home ownership for low-income earners in Nigeria through its affordable ho...
December 16, 2021
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 a...
December 09, 2021
The Family Homes Funds’ Corporate Sukuk Issuance in July 2021 has been named the Islamic Finance Deal of the Year in Nigeria at the African International Conference on Islamic Finance (5th AICIF) o...
November 10, 2021
Family Homes Funds Limited (FHFL), and Agence Française de Développement (AFD), also known as the French Development Agency have agreed on a partnership to carry out a detailed study ahead of a sub...
November 10, 2021
The Governor of Bauchi state, Bala Mohammed, has applauded President Muhammadu Buhari’s government for its affordable housing programmes that are being implemented by the Family Homes Funds Limited...
November 05, 2021
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 ...
October 05, 2021
FHFL Board approves financing for 4,201 homes for the first phaseConstruction work begins in September in seven states The Board of the Family Homes Funds has approved financing for about 4,201 homes...
September 15, 2021
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 tha...
September 15, 2021
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...
August 08, 2021
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 S...
July 17, 2021
Hundreds of families in Borno State are set for a new and happier life as Nigeria’s leading social housing finance Institution, Family Homes Funds Limited (FHFL) completes 700 new homes for low-inc...
June 03, 2021
Nigeria’s largest social housing fund, Family Homes Funds Limited (FHFL), the Federal Mortgage Bank of Nigeria (FMBN) and Nasarawa state government have agreed on a partnership that will enable the...
May 19, 2021
Last month marked the second work anniversary for Israel Bulus at Family Homes Funds Limited (FHFL) project site in Kaduna state. The past two years have been a rewarding experience; challenging and ...
May 05, 2021
Sitting on a pile of concrete slabs, and sipping from a bottle of water, Jibril is very excited to finally take off his safety helmet and talk about the opportunity of earning a decent living after a...
March 30, 2021
