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RENEWED HOPE CITIES
The Federal Government has announced plans to roll out Renewed Hope Cities in four geopolitical zones and expand Renewed Hope Estates to 24 more states as part of its affordable housing drive.
President Bola Ahmed Tinubu is set to launch the construction of 3,500 housing units in Lagos and Kano on December 17 and 18, 2024.
The Federal Minister of Housing and Urban Development, Musa Dangiwa, has revealed that government-funded one-bedroom apartments under the Renewed Hope Estates Programme cost N8 to N9 million.
The Federal Government is set to begin construction on an additional 2,000 housing units in eight states across the South and North Central geopolitical zones under the Renewed Hope and Estates programme.
The Federal Ministry of Housing and Urban Development has consistently highlighted the nationwide housing deficit.
On Thursday, President Bola Tinubu will initiate the construction of a 3,112 housing unit project in Karsana District, Phase 3, Federal Capital Territory.