• Latest News

    Saturday, February 24, 2024

    Lack of Access to Housing Finance is Significant Barrier to Improve Living Conditions - Real Estate Expert

    A real estate expert, Olayinka Ilufoye, has stated that lack of access to housing finance is a significant barrier to improving living conditions for millions of Nigerians.

    The Chief Executive Officer of ISHI Homes, on Friday, in Victoria Island, Lagos State, stressed that without access to financing, many people are unable to invest in their own homes, which harms their quality of life.

    Speaking during the announcement of a Nollywood actress, Ariyo Oluwakemisola, popularly known as Kemity as the company’s brand ambassador, Ilufoye urged the Federal Government to create a special fund to finance low-cost housing for low-income households.

    “Nigerians’ housing struggle is due to lack of access to finance. Many desire to build their house and even be there by now but how will they get that done if they don’t have access to funds? This, among many, contributes to the current rise in house deficit in the country,” he noted.

    He further advised the government to engage in public-private partnerships and provide tax incentives for developers to build affordable housing.

    He added, “I urge the Federal Government, in its capacity to provide seamless opportunities and policies for want-to-be house owners.”

    He, however, said ISHI Homes is raising awareness of the importance of affordable and sustainable housing in communities nationwide.

    He added that the new Ambassador known for her talent and philanthropic efforts, is expected to further advance the company’s mission of providing safe, comfortable, and affordable housing options for individuals and families.

    Kemity signed a one-year contract with the real estate company and brings on board a passion for supporting communities in need and a dedicated commitment to social causes.

    He added, “We welcome Kemity as our Ambassador. Her dedication to positively impacting the world aligns perfectly with our company values. We believe that by working together, we can create even greater change and help more people in need of secure and stable housing.”

    As an Ambassador for ISHI Homes, he stressed that Kemity will participate in various outreach programmes, public speaking engagements, and media campaigns to bring attention to the critical need for affordable housing.

    “I am honoured to join forces with ISHI Homes as their Ambassador. I believe that everyone deserves access to safe and affordable housing, and I am committed to using my platform to support this important cause. I look forward to working with ISHI Homes and leveraging our collective efforts to create positive change for those in need,”  Kemity said.

    • Blogger Comments
    • Facebook Comments


    Item Reviewed: Lack of Access to Housing Finance is Significant Barrier to Improve Living Conditions - Real Estate Expert Rating: 5 Reviewed By: BrandIconImage
    Scroll to Top