Family Homes Funds Limited has trained 572 artisans this year with more than 500 others undergoing training as part of efforts to improve construction quality and expand affordable housing delivery. The Managing Director and Chief Executive Officer, Abdul Mukhtar, disclosed this at a media event in Abuja, saying the programme covered both skilled workers seeking to improve their skills and people with no prior experience. The training combined classroom lessons, practical sessions and field experience, with those who graduated earlier in the year continuing to undergo field training.
FHFL is working with professional bodies, governments, development finance institutions and property developers to improve construction practices and encourage the adoption of better building technologies. The institution is showcasing how quickly social housing projects can be delivered using different construction technologies while experimenting with locally available building materials. Mukhtar said FHFL had also diversified its funding sources beyond the naira to include foreign currencies such as the euro and the dollar to meet its financial obligations.
The Executive Director of Operations, Emeka Inegbu, said FHFL is one of the major funding partners for the Renewed Hope housing estates in Karsana, Abuja, where construction has progressed through the first and second phases. FHFL has also provided advisory services for a similar housing renewal programme in Kano and financed private sector developers across the country. The institution works through primary mortgage banks and other mortgage institutions rather than lending directly to individual homebuyers. Funding secured from the African Human Bank helped FHFL commence its mortgage programme, and the institution had provided more than 450 mortgages by the middle of the year.
FHFL is preparing to commission two completed student accommodation projects in Akwa Ibom and Delta states in the coming weeks. Each location will provide 1,600 bed spaces, comprising 800 for female students and 800 for male students, alongside recreational, catering and laundry facilities. The institution has also completed housing projects for vulnerable groups, including widows and families of fallen military personnel. FHFL completed 100 housing units in Rigachukwu, Kaduna State, for widows, while another 50 units have been delivered to wives of fallen military personnel in Ibadan, Oyo State.
Chairman Ademola Adebise said that addressing Nigeria's housing deficit requires stronger institutions capable of attracting investment and supporting large-scale housing delivery. He noted that access to decent, affordable housing remains a critical development priority for Nigeria, and that addressing the challenge requires institutions that can mobilise capital, strengthen partnerships and create conditions for housing delivery at scale. Adebise added that FHFL's new identity reflects its ambition to deepen its role in housing delivery and create greater value for Nigerian families and the wider economy.