About FHFL

Who we are

FHFL is an innovative housing financial solutions provider that leverages expertise and partnerships to deliver sustainable value to all stakeholders.

Overview

Registered in 2016 and operational since 2018, FHFL was established by the Federal Government of Nigeria as part of its Housing Intervention Programme.

Family Homes Funds Limited (FHFL) is a dedicated housing finance institution committed to expand access to affordable homes for Nigerians while creating jobs and improving communities. Established as a partnership between the Ministry of Finance Incorporated (51%) and the Nigeria Sovereign Investment Authority (49%), FHFL is uniquely positioned to drive large-scale housing solutions across the country.

More than just a financier, we are a catalyst for transformation. By combining innovative funding models, sustainability principles, and strong partnerships, FHFL delivers homes that people can afford, in communities where they can thrive. Every project is guided by our belief that housing is not only a human right but also a foundation for dignity, stability, and economic growth.

Why we exist

Nigeria’s housing challenge is, at its root, a financing challenge.

Developers: the gap

Homes do not get built where developers cannot raise construction capital.

See our response

What FHFL does

We mobilise and deploy capital for affordable housing development.

Back to the gap

Families: the gap

Families cannot buy them where mortgage terms are out of reach.

See our response

What FHFL does

We structure financing that makes homeownership attainable for households on low and middle incomes.

Back to the gap

Lenders: the gap

Institutions will not lend to a market whose projects are not environmentally sustainable and bankable.

See our response

What FHFL does

We partner with state governments, DFIs and financial institutions to provide an ecosystem housing solution.

Back to the gap

How our role has grown

From social housing fund to housing finance platform

Our role has grown with the market. The direct social interventions that are the reason we were created remain central to what we do.

2016
Registered
FHFL officially registered, marking the start of our journey to deliver excellence.
2018
Operations begin
Commenced full operations, transforming our vision into tangible impact.
2020
Legacy estates
Achieved a landmark feat with the development of 5 legacy estates.
2021
₦30bn Sukuk
Successfully issued a ₦30bn Sukuk bond, unlocking new opportunities for growth.
Today
15,900+homes financed
15,700+bed spaces financed
84,000+direct & indirect jobs

Governance

Governed for delivery

FHFL is governed by a Board whose members bring decades of combined experience across banking, development finance, law, architecture and public service. The Board provides strategic direction, oversees risk and ensures management remains accountable for the organisation’s performance and mandate.