FHFL retains strong GCR Rating BBB+/A2 with stable outlook

June 21, 2023


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 2023.

The Management of FHFL commends the team for their commitment to the organisation’s goals, and promise to keep the operating environment and controls strong towards an upgrade in the coming year.



Read More

Renewed Hope for Homeownership: FHFL Partners with MOFI and ARM to Deliver Affordable Mortgages

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

Mortgage Banking Stakeholders Engagement Workshop on the Help-To-Own Program

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

Game On! FHFL Backs Soccer Dreams of Young Nigerians

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

Fhfl Signs Historic Mou With Nigeria Police Trust Fund To Provide Housing For Police Officers

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

FHFL: Pioneering Affordable Housing and Economic Growth in Nigeria

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 Inspects Renewed Hope Cities and Estate Project in Kano State

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

Fostering Collaboration: Family Homes Funds Limited Hosts Stakeholder Session On Construction Finance

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

EMPOWERING COMMUNITIES: FAMILY HOMES FUNDS LTD INSPECTS PILOT SOCIAL HOUSING PROJECT IN KADUNA STATE

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

Cross River State Partners with Family Homes Funds to Deliver Affordable Housing for Indigent Women

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’s Help-to-Own Wins “Mortgage Product of the Year” at Africa Housing Awards 2024

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

Family Homes Funds Limited Rating Upgraded to A(NG)/A1(NG) from BBB+(NG)/A2(NG) by GCR with Stable Outlook

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

FHFL Celebrates Handover of Home Keys to Help-to-Own Programme Beneficiaries

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