FG approves uniform prices for Renewed Hope Housing Units

John Alechenu

The Federal Ministry of Housing and Urban Development has announced azygous merchantability prices for lodging units nether its Renewed Hope Estate Programme nationwide.

This was contained successful a connection signed by the Ministry’s Director, Press and Public Relations, Badamasi Haiba, successful Abuja, connected Thursday.

The lodging units, which comprise one-, two-, and three-bedroom semi-detached bungalows, are portion of the Ministry’s efforts to marque homeownership much accessible and equitable for Nigerians.

According to Haiba, “The approved selling prices are: One-bedroom semi-detached bungalow: ₦8.5 million, Two-bedroom semi-detached bungalow: ₦11.5 million, and Three-bedroom semi-detached bungalow: ₦12.5 million

“The adoption of azygous selling prices aims to beforehand affordability, transparency, and fairness, ensuring that Nigerians crossed each regions person adjacent opportunities to payment from the Renewed Hope Housing Programme.”

Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, explained that precedence successful the allocation of the lodging units volition beryllium fixed to low- and middle-income earners, civilian servants astatine each levels of government, employees successful the organised backstage assemblage with verifiable sources of income, and Nigerians successful the Diaspora who privation to ain homes successful the country.

Shedding further airy connected the issue, the Permanent Secretary, Dr. Shuaib Belgore, explained that respective outgo options person been provided to marque the houses affordable and flexible.

These see outright (full) payment, mortgage, rent-to-own scheme, and installment outgo plans.

The Ministry further announced that the merchantability of the completed lodging units crossed the bluish and confederate regions volition soon commence.

Applications tin beryllium made done the Renewed Hope Housing online portal astatine www.renewedhopehomes.fmhud.gov.ng oregon obtained from the Ministry’s office and tract offices nationwide.

Vanguard News

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