Post by Goodnews Naija (@Goodnewsnaijapodcast)
FG to establish housing finance authority, expand NHF coverage to informal sector
The Federal Government has unveiled plans to establish a National Housing Finance Authority (NHFA) as part of a broad package of reforms aimed at expanding access to affordable housing finance, deepening mortgage penetration and bringing millions of informal sector workers into the National Housing Fund (NHF) scheme.
Muttaqha Darma, Minister of Housing and Urban Development, disclosed the proposal on Tuesday at a stakeholders’ validation workshop on the proposed National Mortgage Industry Policy in Abuja.
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