The Millard Fuller Foundation on Wednesday, 8th August 2018 handed over the 400-unit GrandLuvu 2 project to its client, Family Homes Funds.
The event which took place in the Community Hall on GrandLuvu 2 Estate had in attendance, the CEO, Fuller Housing, Sam Odia, the ED Projects, Funmi Odia, the management of Fuller Housing, some staff members and CPMS (Family Homes Funds projects consultants), led by Engr. Dapo Isiolatan.
While giving an introductory remark, Isiolatan said CPMS has been working with the Family Homes Funds for about two years, all in the bid to fulfil the objective of the government to provide affordable homes for Nigerians in all the states. He then commended the performance of Fuller in project performance, commitment and delivery.
In his remark, Sam Odia said that the aim of Fuller Housing is to provide truly affordable homes for Nigerians. He noted that despite the rising cost of building materials, Fuller will strive to balance quality building with affordable rates.
Odia further stated that the relationship between Fuller and Family Homes Funds has not only led to the creation of direct and indirect jobs on the host and neighbouring communities, it has also contributed in no small measure to Nigeria’s economy as about 91% of materials used during construction were locally produced.
Thereafter, there was a formal handover of the GrandLuvu 2 Estate documents by the ED Projects to the FHF consultants, after which a large number of the housing units and facilities were inspected.
Fully funded by Family Homes Funds, and constructed by the Millard Fuller Foundation, the GrandLuvu 2 Estate is a 400-housing unit estate comprising of one and two-bedroom semi-detached bungalows. Located in Luvu-Madaki, Masaka, near Abuja, the estate is to be allocated to first-time homeowners through affordable long-term mortgages with assistance from Family Homes Funds.
The Grand Luvu 2 Estate which sells from N2.9M (Two Million, Nine Hundred Thousand Naira), exclusive of 5% VAT, boasts of facilities like overhead and underground water storage, a dedicated transformer, children’s playground, recreational facilities for adults, a gatehouse and security guards.