Family Homes Funds Ltd

Happy New Year 🎊 Best #Newyear wishes from all of us at #FHFL #2025 #Newyear2025 #Congratulations

Merry Christmas, everyone 🎄 From all of us at Family Homes Funds Limited.

🎊 FHFL's Help-to-Own wins ''Mortgage Product of the Year'' Family Homes Funds Limited (FHFL) has been recognised with the prestigious “Mortgage Product of the Year” award at the Africa Housing Awards 2024 for its innovative and impactful Help-to-Own product. Help-to-Own is a groundbreaking mortgage product designed to empower low-to-middle-income earners with an affordable and seamless pathway to homeownership. By offering flexible terms, reduced equity contributions, and a long-term payment structure, FHFL is successfully enabling many Nigerian families transition from renters to proud homeowners. The Managing Director of FHFL, Abdul Mutallab Mukhtar, expressed his gratitude, stating: “We are deeply honoured to receive this award, which underscores the transformative impact of our Help-to-Own initiative. This recognition is a testament to our team’s dedication and our stakeholders’ support in ensuring that affordable housing is not just a dream but a reality for many Nigerians.” Read full story here 👉 https://lnkd.in/d73_UsXX

🎄… and the great season of joy is upon us.

🏡 Collaborating for Affordable Homeownership! Family Homes Funds Limited and the Government of Nasarawa State have signed an important agreement to streamline the transfer of homeownership to FHFL’s affordable housing beneficiaries in the state. This partnership is a significant step toward making dreams of homeownership a reality for many families. According to FHFL’s Executive Director of Operations, Dr. Emeka Henry Inegbu, Nasarawa state – through this partnership – is leading by example by promoting ease of doing business, and creating an atmosphere that stimulates impact. In the same vein, the state’s Commissioner of Lands & Urban Development, TPL Ibrahim Bala Mulki expressed his excitement about working with Family Homes Funds to increase homeownership opportunities for many families in the state.

🏡 We believe in housing as a human right. At Family Homes Funds Limited, we believe that #income level should never be a barrier to homeownership. With our #HelpToOwn product for example, #families can move into their first #homes with as little as a 10% deposit. Click this link to begin your journey 👉 https://lnkd.in/eF54d6rm Affordable, accessible, and designed to make your homeownership dreams a reality. #AffordableHousing #HomeOwnership #FamilyHomesFunds

Please take note.

🤝 Impactful engagement! FHFL proudly participated in the Annual Conference & Workshop by The Institute of Business Development, where our Executive Director, Dr. Emeka Henry Inegbu delivered a powerful presentation, highlighting the transformative impact of FHFL in providing affordable housing solutions and driving socio-economic development across Nigeria.

🚀 Insightful discussions, bold ideas, and powerful teamwork! At FHFL’s management strategy session, our team came together to brainstorm, collaborate, and plan for an even greater impact. With shared vision and determination, we’re driving forward, one innovative solution at a time. Together, we’re building a stronger FHFL for a better tomorrow. #TeamFHFL #StrategicPlanning #HousingDevelopment

📈 We are excited to announce that GCR Ratings has upgraded Family Homes Funds Limited’s national scale long and short-term issuer ratings to A(NG) and A1(NG) from BBB+(NG) and A2(NG); with the Outlook revised to Stable from Positive. Concurrently, GCR has upgraded Family Homes Sukuk Issuance Programme Plc’s NGN10bn Series 1 and NGN20bn Series 2 respectively, with the Outlooks revised to Stable from Positive. In its report, GCR states that the rating upgrade on FHFL reflects sustained growth trajectory in line with the company’s mandate of financing construction of affordable housing. The ratings also consider FHFL’s access to funding from the Federal Government of Nigeria (FGN) and Development Financial Institutions (DFIs) which support strong capitalisation, liquidity and a good risk profile. Reacting, the Managing Director of FHFL, Abdul Mutallab Mukhtar said, “We are thrilled by GCR’s recognition of our efforts. This rating upgrade stands as a testament to the hard work and dedication of our team in fulfilling our mandate to provide affordable homes for Nigerian families. It further reflects confidence in our financial stability and operational efficiency. We remain deeply committed to our mission and will continue to build on our strengths to make a lasting impact in the housing sector.’’ Read the full story here 👉 https://lnkd.in/ejkgEaW6