The newly appointed Managing Director of Family Homes Funds, Mr. Femi Adewole paid an official visit to the Head Office of the Millard Fuller Foundation.
The purpose of the visit which took place on Friday, 27th July 2018 was to enable the MD familiarize himself with the projects and partners of Family Homes Funds.
Warmly received by the management and staff of the Millard Fuller Foundation led by the CEO MFF Housing, Sam Odia, the MD after the necessary introduction was taken through a brief presentation of the organisation.
In the course of the presentation, Odia noted: “Truly affordable housing is what Nigeria really needs, as a large percentage of Nigeria’s workforce are low-income earners who belong to the bottom mass market; these houses can become more affordable if there are affordable long-term mortgages to enable these low-income earners to pick up these homes.”
Shortly after the presentation and an interactive session, Adewole was then taken on a tour of the GrandLuvu 1 and 2 Estates, funded by the Family Homes Funds.
The MD, who commended Fuller for the job done, said his appointment was necessitated by the need to chart a way forward for Family Homes Funds to enable her to deliver affordable homes to Nigerians.
Femi Adewole is a real estate and housing professional with over 25 years’ experience leading housing initiatives across Sub-Saharan Africa and the United Kingdom. Until his appointment, he was the managing director of Shelter Afrique, the Nairobi-based pan-African housing finance company.
In 2016, The Millard Fuller Foundation entered into a collaborative partnership with the Family Homes Funds to deliver affordable homes to Nigerians through affordable long-term mortgages and, as at today, Fuller has delivered over 600 homes to the Family Homes Funds and is set to deliver an additional 300 units which will be completed before the end of 2018.