Housing Deficit: FG, Lagos to deliver 2,000 ‘Renewed Hope’ Homes

  The Federal and Lagos State governments through the Renewed Hope Housing initiative have concluded plans to provide over 2,000 home units to residents in Ipaja and Ibeju Lekki areas of the state. Commissioner for Housing, Moruf Akinderu-Fatai said the joint effort is part of efforts at bridging accommodation deficit in Lagos.   He spoke […]

 

The Federal and Lagos State governments through the Renewed Hope Housing initiative have concluded plans to provide over 2,000 home units to residents in Ipaja and Ibeju Lekki areas of the state.

Commissioner for Housing, Moruf Akinderu-Fatai said the joint effort is part of efforts at bridging accommodation deficit in Lagos.

 

He spoke during the Ministerial Briefing to commemorate the first anniversary of the second term in office of Governor Babajide Sanwo-Olu, held in Alausa, Ikeja, Lagos.

 

Akinderu-Fatai, affirmed the readiness of the state government to provide more homes by speedily completing its ongoing housing schemes in all the administrative divisions of the state.

He explained that the collaboration with the federal government on Renewed Hope Housing initiative to provide over 2000 home units in Ipaja and ibeju Lekki.

Akinderu-Fatai, also said there is an ongoing discussion with a private finance institution to provide 800 units at Odola in Ikorodu division , saying the initiatives are targeted at first time owners and low income earners, with mortgages ranging from 10 to 15 years.

He also revealed that the old estates are being re- evaluated with a plan to restore their infrastructure and maximize the available lands for greater home yeild.

According to him, about 646 civil servants have benefitted in the allocation of affordable housing units within the period under review, adding that 270 housing units will be commissioned by the Governor Sanwo-Olu by the end of May.

The commissioner stressed that residents of some of the Ministry’s estates do not comply with the extant rules put in place to promote peaceful coexistence of all allotees in the estates.

Such infractions, according to him, include non-payment of Service charges, bypass of electric meters and cult activities.

He then warned that the state government has resolved to act resolutely by revoking the allocations of allotees who do not comply with agreements signed at the point of release of homes.