Real Estate

HDAN urges stakeholders to support amendments of  FHA Act

THE Housing Development Advocacy Network (HDAN) has called on stakeholders to support the amendments of the Federal Housing  Authority (FHA) Act.

The Act, the group said the Minister for Housing and urban Development, Arc Ahmed Dangiwa has started working on through the federal government housing institutions Reform Committee under Mr Adedeji Adesemoye.

As the foremost Civil Society for Housing Development in Africa, HDAN underscores the imperative of modernising the FHA Act to address contemporary housing challenges in Nigeria.

The statement by the Executive Director of HDAN, Festus Adebayo, emphasized the urgency of revisiting the FHA Act to align it with current housing needs and realities.

He lauded the proactive stance taken by the new management of the FHA, particularly their efforts to foster collaboration with state governments for land provision and infrastructure development essential for FHA housing estates.

Adebayo highlighted a critical impediment hindering the FHA from achieving its objectives: the outdated FHA Act.

“The FHA Act cannot provide solutions to the kind of problem the housing sector is facing and the kind of roles that the FHA is expected to play,” he said.

He urged managing director of the FHA to collaborate with the National Assembly for swift amendments to the Act, facilitating good utilisation of lands allocated by state governors.

Adebayo stated. He urged the new FHA’s managing director to harness his political will in actualizing FHA’s mandate, transcending individual expertise or experience in the housing sector.

The focus, he stressed, should be on leveraging political connections to propel FHA towards effective housing delivery nationwide.

Adebayo advocated for a redistribution of resources to subsidize housing for low-income earners.

READ ALSO: Gov Makinde condemns immigration personnel assault on OYRTMA officials

Dayo Ayeyemi

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