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

January 24, 2025

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 structuring construction finance transactions while exploring potential solutions to strengthen the ecosystem.

This platform provided a valuable opportunity to gain deeper insights into the processes across various players of the housing delivery value chain and identify areas for collaboration to enhance and streamline the construction finance framework.

The session, held on Thursday, 23 January 2025, at the office premises, saw an impressive turnout, marking a significant step toward advancing this vision. We look forward to hosting the next stakeholder session.

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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

Family Homes Funds Limited Rating Upgraded to "Aa-" by Agusto & Co.

Rating agency, Agusto & Co. has announced the upgrade of the rating assigned to Family Homes Funds Limited (FHFL) from ‘’A+’ to ‘’Aa-’’.The upgrade, according to the pan-African leader i...

August 21, 2024

FHFL wins Excellence in Housing Finance Award at the 2024 AIHS

We are deeply honoured to receive the Excellence in Housing Finance Award at the 2024 Africa International Housing Show.This recognition highlights FHFL's significant impact in housing development in...

August 05, 2024

Inauguration of the Board of Directors of Family Homes Funds Limited by the Honorable Minister of Finance and Coordinating Minister of the Economy

Abuja, Nigeria –– Family Homes Funds Limited (FHFL) is pleased to announce the official inauguration of its Board of Directors by the Honourable Minister of Finance and Coordinating Minister of t...

July 23, 2024

Family Homes Funds Limited at the 43rd AGM of Shelter Afrique

FHFL is thrilled to be a part of the 43rd Annual General Meeting of Shelter Afrique, (June 11 – 13, 2024) focusing on "Sustainable Partnerships in the Affordable Housing Finance Value Chain." This e...

June 14, 2024

Family Homes Funds Limited Partners with Greater TAF City to Provide Help-to-Own Mortgages for New Homes

Family Homes Funds Limited (FHFL) is pleased to announce a strategic partnership with TAF Africa Global Limited (TAG), to provide affordable mortgages for the new homes being constructed by the devel...

June 10, 2024

Family Homes Funds Limited Commemorates World Environment Day

Family Homes Funds Limited joins the global community in celebrating the 2024 World Environment Day, with its important theme "Land Restoration, Desertification, and Drought Resilience", with the slo...

June 05, 2024

Akwa Ibom State Unveils New Estate Financed by Family Homes Funds Limited

Family Homes Funds Limited, a leading housing finance company dedicated to providing affordable housing for low-income families, is proud to announce the commissioning of its latest funded housing es...

May 27, 2024

FG Unveils Portal for Renewed Hope Housing Scheme Financed by Family Homes Funds Limited

The Federal Government (FG) of Nigeria has launched an online portal designed to streamline the process of purchasing homes under the Renewed Hope Cities and Estates Scheme. The Renewed Hope Cities a...

May 24, 2024

Family Homes Funds Limited Partners with Federal Government on Renewed Hope Housing Project

Family Homes Funds Limited (FHFL) is proud to announce its latest investment in the Federal Government's Renewed Hope Cities and Estate Project, marking a significant milestone in the provision of aff...

May 22, 2024

FG Breaks Ground on Students Housing Programme Financed by Family Homes Funds Limited

The Federal Government (FG) of Nigeria has officially performed the groundbreaking ceremony for a National Students Housing Programme, marking a significant milestone in addressing the housing needs ...

May 15, 2024

Family Homes Funds Limited Part of Renewed Hope Cities and Estate Project Implementation Committee

The Federal Government of Nigeria has inaugurated the Renewed Hope Cities and Estate Project Implementation Committee, a pivotal step towards addressing Nigeria's housing challenges and fostering nat...

May 09, 2024

Sustainable Housing: Championing the Cause for a Better World

The global challenges of climate change, resource depletion, and rapid urbanization have brought sustainable housing solutions to the forefront. What was once a niche and trendy concept is now a driv...

March 14, 2024

How Sustainable Materials are Shaping Innovative Homes

The way homes are built has a significant impact on both the environment and our well-being. The rise of sustainable materials offers a chance for a better future by embracing eco-friendly practices ...

February 27, 2024

FHFL Presentation at MOFI’s Inaugural Public Wealth Management Conference

FHFL Presentation at MOFI’s Inaugural Public Wealth Management Conference Family Homes Funds Limited (FHFL) took the stage at the just concluded conference on Public Wealth Management organised by ...

February 22, 2024

Young Artisans Benefit from Family Homes Funds’ Skills Acquisition Programme

Family Homes Funds Limited (FHFL) has successfully executed a community engagement initiative in a project community in Kaduna State, where the Gidan Iyali housing project is situated. For 5 days, ov...

February 13, 2024

Building Hope: Sustainable Housing Solutions from COP28

The 28th United Nations Conference of the Parties (COP28) in Dubai discussed critical matters related to the provision of sustainable housing. With urbanization contributing significantly to global c...

January 29, 2024

GCR Affirms FHFL’s BBB+ Ratings, Upgrades Outlook from Stable to Positive

The Family Homes Funds Limited’s (FHFL) national scale long and short-term issuer ratings of BBB+(NG)/A2(NG) has been affirmed by GCR, with the outlook revised from Stable to Positive. According to...

October 24, 2023

Mainstreaming Environmental, Social and Governance in Family Homes Funds Limited

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

Agusto & Co. Upgrades FHFL’s Rating to ‘’A+’’ with Stable Outlook

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

2023 HR Week: Igniting Change and Accountability

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

FHFL wins "Affordable Housing Company of the Year" at AIHS 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

Help to Own: FHFL meets AfDB Towards Commencement of Home Mortgage Program for Low-income Families

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

FHFL Performs Groundbreaking for 600 Homes in Gombe State for Low-income Families

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 WINS IFN DEAL OF THE YEAR

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 BUHARI COMMISSIONS FAMILY HOMES ESTATE IN KANO FOR 469 LOW-INCOME FAMILIES

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

FAMILY HOMES FUNDS IS THE AFFORDABLE HOUSING COMPANY OF THE YEAR AT AFRICA HOUSING AWARDS

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

Kano state, Family Homes Funds handover 500 new homes to civil servants

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

AHCN Delegation Pays courtesy call to Family Homes Funds

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

AHCN names Family Homes Funds the Affordable Housing Company of the Year

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 retains strong GCR Rating BBB+/A2 with stable outlook

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

Press Statement

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

FHFL holds Annual General Meeting, Declares Strong Performance

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

FHFL Experience with Delivering Affordable Housing in Nigeria

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

FHFL Hold Round Table for Developers in Lagos

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 Upgrades FHFL’s Credit Rating to ‘’A’’ with Stable Outlook

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

JOB VACANCY AT FHFL – Environmental & Social Governance Officer- 0008

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

FHFL, AFD Complete Feasibility Study Ahead of Student Housing Projects Across Nigeria

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

JOB VACANCIES AT FAMILY HOMES FUNDS LIMITED – Data Associate – 0001

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

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 fa...

April 08, 2022

FHFL’s latest investment of N4bn to provide 620 homes for low-income families in Kebbi

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

Africa Housing Awards: FHFL bags Housing Intervention Program of the Year, as MD, Femi Adewole joins Affordable Housing Hall of Fame

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

Kano state Governor, Abdullahi Ganduje applauds Family Homes Funds project in the state

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

Senate Committee on Housing commends Family Homes Funds Affordable Housing Projects

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

JOB VACANCIES AT FAMILY HOMES FUNDS LIMITED – Investment Analysts

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

Family Homes Funds wins Finance Deal of the Year at AICIF Awards

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

FHFL partners AFD for students housing in Nigeria

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

Bauchi Gov. Bala Mohammed hails President Buhari’s Housing Programme Managed by Family Homes Funds

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

FHFL Ranks first in latest transparency and integrity index

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

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 tha...

September 15, 2021

NSHP: Family Homes Funds announce commencement of 4,201 homes in seven states

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

Borno state, FHFL commission, handover 300 new homes to IDPs in Ngamdu

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 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 S...

July 17, 2021

FHFL completes, handover 700 homes to families in Chibok, Yaskuri in Borno state

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

Latest Partnership between FHFL, FMBN and Nasarawa State Spark Hope for Home Seekers

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

Valuing FHFL Social Impact in Kaduna with over 3,100 Jobs, 568 Homes

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

How FHFL is Changing Lives with Over 8,700 Jobs in Yobe State

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

Latest FHFL Project in Niger State Continues the Legacy of Affordable Homes and Jobs for Thousands

One of the most pressing needs in Nigeria is housing. We have, in recent times, borne witness to the rise of informal settlements in unsafe environments and a rapidly increasing rate of homelessness....

March 23, 2021

Hope for New Homeowners as FHF 3,820 Homes Near Completion in Bauchi and Yobe

Family Homes Funds affordable housing projects comprising of 3,820 homes have advanced to levels that are inspiring hope for the communities and would-be beneficiaries in Bauchi and Yobe states. Rece...

March 12, 2021

1,000 Artisans Benefit from Skills Acquisition Programme by Yobe, Family Homes Funds

About 1,000 artisans and craftsmen from the 17 local government areas of Yobe state have benefited from a capacity development and skills acquisition Programme organized by the state government in pa...

March 03, 2021

NSHP: Enugu Provides Land to Family Homes Funds for Housing Scheme

As the National Social Housing Programme (NSHP) that plans to build 300,000 houses affordable houses for low-income earners across the country continues to gain momentum, more states are signing up f...

March 02, 2021

Ebonyi Joins NSHP, Provides Land to Family Homes Funds for Housing Scheme

Ebonyi state has become the latest state to show interest in the National Social Housing Programme (NSHP) that plans to build 300,000 affordable houses for low-income earners across the country. At l...

February 24, 2021

Vacancy- INTERNAL AUDITOR ROLE

Background The Family Homes Funds Ltd is a Social Housing Finance Company. The Company aims to improve access to affordable houses for Nigerians on low income through financial support for public and...

February 18, 2021

Family Homes Funds Affordable Housing Project in Bauchi Ready in May

The first phase of the development of 2,500 housing units in Bauchi state by Family Homes Funds will be ready for occupiers in May 2021. Project reports confirm that 1,220 units of the total 2,500 un...

February 01, 2021

New Family Homes Funds Affordable Housing Project takes-off in Adamawa

In Malkohi, Yola South local government area of Adamawa state, project contractors have been mobilized and have begun the construction of 1,000 units’ affordable houses for low- and middle-income e...

January 29, 2021

Family Homes Funds Partners Off-grid Developers to Power NSHP Houses

Family Homes Funds Limited has reached an agreement with Solar Home System Providers to provide off-grid solar power to all houses under the National Social Housing Programme (NSHP). The off-grid pow...

January 27, 2021

Family Homes Funds Partners Dangote Cement for Delivery of 300,000 NSHP Houses

With the task to implement the Nigeria government’s National Social Housing Programme (NSHP), Family Homes Funds has struck partnership with Africa’s largest cement producers, Dangote Cement to d...

January 20, 2021