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.   ...

Dangiwa Begins Nationwide Groundbreaking for 'Renewed Hope' Cities, Estates *  To Start with 1,250 Units in Four States *  Urges States yet to provide land to do so to enable project plans  The Honorable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, is set to commence the nationwide official groundbreaking for the phase 1 of the Renewed Hope Cities and Estates project, beginning with 1,250 housing units in four states in Northern Nigeria.   This exercise follows the program's official launch by His Excellency, President Bola Ahmed Tinubu, GCFR, with a 3,112-housing unit project in Karsana, Abuja, in February 2024. The successful completion of the contracting process and mobilization of reputable developers to start work has set the stage for this significant development.   The Hon. Minister will officially flag off construction activities at the project sites as follows: -    250 housing units at Renewed Hope Estate in Katsina on Wednesday, May 22, 2024 -    500 housing units at Renewed Hope City in Kano on Thursday, May 23, 2024 -    250 housing units at Renewed Hope Estate in Yobe on Friday, May 24, 2024 -    250 housing units at Renewed Hope Estate in Gombe on Saturday, May 25, 2024   “We are committed to our promise to His Excellency, President Bola Ahmed Tinubu, GCFR, to turn the country into a huge construction site and unlock the potential of the housing sector to create jobs, catalyze economic growth, and contribute to the $1 trillion economy while boosting national development. The 1,250 units that we are breaking ground for in Katsina, Kano, Yobe, and Gombe is only a start. After this, we shall be proceeding to other parts of the country.,” Arc. Dangiwa said.   The Minister noted that under the 2023 Supplementary budget the Ministry has awarded contracts for 3,500 housing units in thirteen States since December 2023. This includes 500 housing units in Kano, 250 housing units in twelve other states including Katsina, Sokoto, Yobe, Gombe, Nasarawa, Benue, Osun, Oyo, Abia, Ebonyi, Delta and Akwa Ibom.    The Renewed Hope City in Kano comprises: -    100 units of 1-bedroom (semi-detached bungalows) -    300 units of 2-bedrooms (semi-detached bungalows) -    100 units of 3-bedrooms (semi-detached bungalows) The Renewed Hope Estates in Katsina, Yobe, and Gombe each comprise: -    50 units of 1-bedroom (semi-detached bungalows) -    100 units of 2-bedrooms (semi-detached bungalows) -    50 units of 3-bedrooms (semi-detached bungalows)   “To enhance affordability and ease of offtake, we used organic designs where one bedroom can be expanded to two-bedrooms and three-bedrooms as the income of beneficiaries increase over time,” Arc. Dangiwa said.   At an average of 25 direct and indirect jobs per housing unit, the 1,250 housing units are estimated to create 31,250 skilled and unskilled jobs in these states. Construction work at the sites will also stimulate local economic activity, benefiting the communities and the broader economy.   The housing projects also seek to address social inequality by providing a broad range of affordable ownership options. This includes single digit and up to 30-year mortgage loans to be provided by the Federal Mortgage Bank of Nigeria, Rent-to-Own options where beneficiaries can move in and pay towards homeownership in monthly, quarterly, or annual instalments and Outright Purchase for high income earners.   The 1,250 housing units are being funded under the N50billion 2023 Supplementary Budget of the Federal Ministry of Housing and Urban Development.    The Hon. Minister has assured all State Governments that the Renewed Hope Housing Programme is designed to cover all the States in the Country saying that States that are not covered under the 2023 Supplementary Budget will be covered under the 2024 Budget. He therefore called on all State Governments who are yet to provide land for siting the projects to do so to enable the Ministry finalize project plans.    ...