FG Launches 250 Units Renewed Hope Housing Estate in Katsina   .... Gov Radda commended FG's job creation through the project.   The Federal Government, through the Ministry of Housing and Urban Development, today, Wednesday,  May 22nd, 2024 launched 250 Units Renewed Hope Housing  Estate Project in Katsina State.   The ground-breaking was performed by the Katsina State Governor,  Dikko Umaru Radda, who commended the Federal government for the thousands of jobs created for the people in the State through the project    In his address, Minister of Housing and Urban Development, Arc. Musa Dangiwa, stated, "the Renewed Hope Estate in Katsina comprises 50 units of 1-bedroom semi-detached bungalows, 100 units of 2-bedroom semi-detached bungalows, and 50 units of 3-bedroom semi-detached bungalows."   Dangiwa also explained that the housing units  have been  designed in a way that would make  it easy and affordable for interested off-takers to acquire seamlessly, noting organic designs are used to allow for future expansion as the income of beneficiaries increases.   " What this means is that the 1-bedroom can be expanded to 2 bedrooms and a 2-bedroom expandable to 3 bedrooms as the owner’s financial situation improves or he grows in service." He explained    While appreciating the Federal Government for the project, Governor Radda stated that  the Renewed Hope Housing Project of President Bola Ahmed Tinubu's administration across the States of the federation will have huge socio-economic impact on Nigerians.   Governor Radda, commended Minister Dangiwa for being a good Ambassador of Katsina State at the Federal level and for the good work he was able to achieved so far as a Minister of Housing    On the other hand, the Minister charged the developers of the project, Messrs K-4 Engineering Ltd, WindLand Engineering & Properties Ltd, Real Phenomenon Integral Services Ltd and Saltine Engineering Services Ltd, to ensure that they build according to specifications and deliver a quality job as substandard work would not be tolerated.    The Minister, while challenging them to be committed to the assignment before them, demanded that the project must be completed within the next three months to enable the Federal Government begin the process of offtake for Katsina indigenes.   Dangiwa said, that different payment options have been designed  to enable everyone who has a source of income and livelihood to own the homes when they are completed;  and they are  single-digit mortgage loans with up to 30-year terms provided by the Federal Mortgage Bank of Nigeria, Rent-to-Own schemes, and Outright Purchase options for those who can afford to pay upfront.    The Minister said that performing the groundbreaking today in Katsina was extension of President Bola Ahmed Tinubu's larger vision when he launched the Renewed Hope Cities and Estates project with a 3,112 housing projects in Karsana, Abuja earlier this year.   He gave a breakdown of the project as;  "Under Phase One, we plan to deliver a total of 50,000 housing units across Nigeria. The cities will have between 500 - 1,000 housing units per site in one location in each of the six geopolitical zones in the country and the FCT, while kethe estates will have 250 units per site in the remaining thirty (30) states."   On job creation, Dangiwa affirmed, "The Renewed Hope Cities and Estates Programme is designed to be a catalyst for economic growth, adfing,  each housing unit is to expected to create an average of 25 direct and indirect jobs, translating to approximately 6,250 jobs for the 250 units here in Katsina alone."   The Minister also disclosed that under the ongoing Renewed Hope Cities abd Estates project, there are  12 locations and 3 cities across the country. The estates include those in Katsina, Yobe, Gombe, Abia, Nasarawa, Benue, Akwa Ibom, Delta, Sokoto, Oyo, and Osun. The cities are in Abuja, Kano, and Lagos.    Dangiwa mentioned that, in total,  the grounbreaking of 1,250 housing units wil be performed across the four states of the  North- west and North east, with Kano having 500 housing units, 250 units in Yobe, and another 250 units in Gombe.   According to the Minister, the funding for these projects comes from the N50 billion 2023 Supplementary Budget of the Federal Ministry of Housing and Urban Development, revealing further, the contracts  for  the construction of  3,500 housing units in thirteen states have been awarded which is a demonstration  of President Tinubu's commitment to roll out these developments nationwide.    Commending Katsina's State Governor for providing the land promptly, Dangiwa urged other States to provide land for the projects, saying that states not covered under the 2023 Supplementary Budget will be included in the 2024 Budget. ...

Housing Minister Launches Renewed Hope Housing Delivery Portal    The Honourable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has launched the Renewed Hope Housing Online Portal, a platform to streamline the process for the marketing and sale of houses being built under the Renewed Hope Cities and Estate Programme.   Unveiling the portal, Dangiwa said, the Online Platform is a fulfilment of promise to break all the barriers to homeownership for Nigerians, and also to facilitate and promote the creation of technology systems and private sector-led initiatives that will make it simpler, easier, and more convenient for Nigerians to own their homes.   The Minister said, the innovative platform is groundbreaking,. It provides an online, transparent, easy-to-use, integrated web-based application for the sale of homes under the Renewed Hope Cities and Estates Programme of the Ministry, which was launched by President Bola Ahmed Tinubu earlier this year.    He further said that the platform has many benefits for homebuyers. It has a user-friendly interface to ensure that the journey to homeownership is smooth and straightforward. It ensures a seamless and secure registration process with identity verification, enabling potential homeowners to efficiently search for properties using various filters, ensuring they find homes that meet their specific needs.   Similarly, he explained that the platform also integrates features that offer flexible payment options, including both one-time payments and installment plans, catering to different financial situations. It also provides easy access to mortgage plans, allowing homebuyers to check their eligibility and apply from anywhere in the world.   " The platform supports equity contributions for mortgages, streamlining financial planning for buyers. Integrated features like credit checks and bank statement generation simplify the application process. Buyers can also apply for the release of up to 25% of their RSA balance for additional financial support" he stated    He also described the online platform as a key part of the partnership of the MoU signed in December 2023 with a consortium of developers led by Continental Civil to deliver 100,000 housing units nationwide.   Acknowledging the consortium of developers for their ingenuity, Dangiwa said that, Nations grow when the private sector is properly engaged. He encouraged those who have real value to add to their efforts to deliver the Renewed Hope Vision for Housing of President Bola Ahmed Tinubu.   " The housing platform will also provide the necessary data that we need to achieve the ministry's goal of implementing a Demand-Driven Strategy for Housing by helping us to gauge the nature of housing needs for different locations and demographics nationwide"  he added.   He also explained  that the online platform was not the first built by the Ministry, adding  that the ministry is supporting the mainstreaming of a better, carefully designed, more efficient, futuristic housing platform that reflects the necessary improvements from previous efforts towards ensuring achieving the President's Renewed Hope Agenda for easy access to homeownership for Nigerians, without financial cost to the ministry.   He explained also that the ministry facilitates the building of homes that people can afford in locations where they are needed so that they don’t end up with houses that are fully built but abandoned.   Currently , there are 12 locations for Renewed Hope Estates and three (3) locations for Renewed Hope Cities across the country.   The Estates are sited in Yobe, Gombe, Ebonyi, Abia, Nasarawa, Benue, Akwa Ibom, Delta, Katsina, Sokoto, Oyo and Osun, while  the Cities are in Abuja, Kano and Lagos.   Dangiwa called on all Nigerians to take advantage of the platform to apply for the houses under the Renewed Hope Cities and Estates Programme. " With the platform, you do not need to know anybody, he emphasized    ...

President Tinubu Meets with Housing Minister of State, Discusses National Development   ABUJA, NIGERIA - In a meeting at the State House today, President Bola Ahmed Tinubu received the Honorable Minister of State for Housing and Urban Development, who briefed him on the progress made in the housing sector.   The meeting focused on critical national issues, including security challenges, agricultural development, and infrastructure growth. President Tinubu reaffirmed his commitment to addressing these challenges and ensuring economic growth and food security for all Nigerians.   The Honorable Minister highlighted the significant strides made in providing affordable housing options, promoting urban development, and creating economic opportunities. The President commended the Minister's efforts and reiterated his support for the housing sector.   The meeting also touched on political issues, with a focus on strengthening party unity and solidarity. President Tinubu's wisdom and experience were evident as he navigated the complexities of political dynamics.   The meeting was a productive and enlightening experience, demonstrating the administration's dedication to driving progress and development in Nigeria.   ...