Yesterday, members of the investment and risk assessment team of Family Homes Fund led by the head of risk Victor Adufo, investment associate Reubens Onoba were in Ekiti on a due diligence mission to assess the readiness of the State to become a beneficiary of the National Social Housing Project (NSHP).
The Executive Secretary of the Ekiti State Mortgage Board, Oludayo Olorunfemi, while speaking at the meeting, assured the team of the State Government’s support to ensure the project takes off successfully in Ekiti. She said, the NSHP keys in to Dr. Kayode Fayemi’s road map to restore Ekiti values by working with development partners in areas of social investment and infrastructure development which will create immediate jobs in the State.
The NSHP is an initiative of the President Buhari led administration to bridge the housing deficit among the low income earners by providing affordable housing through mortgages.
Olorunfemi assured stakeholders that the selection of off takers will be transparent as the housing units will not go to speculators but to the people of Ekiti who are the intended beneficiaries. The project will also create jobs in the real estate sector for builders and contractors in the State as only local businesses will be used in the building of the housing project.
She also spoke about the ongoing housing survey and encouraged all indigenes of Ekiti to participate in the online survey.
Others present at the meeting were representatives of the development partners, financial institutions, and the independent project managers. The first phase of the project is for 500 housing units.
