Family Homes Fund To Build 500k Homes ― Ahmed

Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed has charged the newly inaugurated board of the Family Homes Fund Limited to ensure the success of government’s ambition to create 1.5 million new jobs in the construction of 500,000 low-cost houses.

She also warned members to be prudent with the management of funds that will be deployed to the Fund through budgetary, donor funding and private sector financing that will be available to the project.

Ahmed who gave the charge on Monday during the inauguration said one of this administration’s 11 priority areas is to “Improve access to mass housing and consumer credit to enhance financial inclusion.

“Thus, the responsibility that will now lie on your shoulders is huge and will require unusual commitment, uncommon focus, experience and determination to succeed.”

She stated that the government was committed to the implementation of its housing policy through the provision of enough funds for its sustainability in the Medium Term Expenditure Framework for the next five years.

Credit: Tribune Online