Abuja mass housing development project

5 Facts About the Abuja Mass Housing Development Project

Here are 5 facts about the Abuja mass housing development project that Nigerians should be abreast of.

The Abuja Master Plan makes provision for an Abuja Mass Housing development project. The Department of Mass Housing was established to oversee and co-ordinate the execution of the mass housing programme. 

Find some extra information on the FCDA’s website here.

Meanwhile, here are 5 facts about the project that Nigerians should be abreast of.

1. Objectives:

The primary objective of the Mass Housing Development Program is to construct large-scale housing projects that cater to the housing needs of the population. The program aims to provide cost-effective housing solutions, reduce the housing deficit, and improve access to decent and affordable homes.

2. Partnership Approach:

The program operates through partnerships between the Federal Capital Development Authority (FCDA), private developers, and financial institutions. These partnerships leverage the expertise, resources, and investment capabilities of private developers to facilitate the construction of affordable housing units.

3. Government Support:

FCDA provide support to private developers by offering land, infrastructure, and regulatory assistance. This support helps to reduce the overall cost of construction and enables developers to provide affordable housing options.

4. Affordable Pricing:

The Mass Housing Development Program focuses on ensuring that the constructed housing units are priced at levels affordable for low- and middle-income individuals. The pricing is usually determined based on factors such as construction costs, financing arrangements, and the target market’s affordability.

5. Housing Unit Types:

The program encompasses a range of housing unit types to cater to different household sizes and preferences. These can include apartments, townhouses, duplexes, and other types of affordable housing configurations.

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Keywords: Abuja mass housing development project | FCDA | Abuja housing

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