The CEO of Millard Fuller Foundation, Sam Odia, has said it is time to begin to put the common man in the middle of our planning. He said this when the REDAN President, Rev. Ugochukwu Chime and his team, and also Shelter Afrique Resident Regional Representative & Regional Business Manager for Anglophone West Africa, Zachary Kanyatta Munene, visited the Fuller office on the 11th of April, 2018.
The visit which came on the heels of the REDAN Innovation Award, which was presented to the Millard Fuller Foundation on the 21st of March 2018, for its immense contributions in the housing sector, and the first Fuller Housing Quarterly Seminar, which held on the 22nd of March 2018,also had The Project Director of C-Stemp, Mr. Anthony Okwa and FCT REDAN Secretary, Amina Zanna Ibrahim, in attendance.
In a brief presentation, Odia appreciated the REDAN President for taking time off his busy schedule to visit the Millard Fuller Foundation and said “Affordable Housing is a term used to describe dwelling units whose total costs are deemed affordable by at least 50% of people in the vicinity where the houses are built. It is unfortunate that a lot of low-income earners have not been able to access affordable mortgage financing, which should help them own their own homes, because of the bottlenecks involved in mortgage processing. Based on the current realities for a 10-year mortgage, affordable housing for the lowest Nigerian should not cost more than N500,000.”
Chime,while thanking Odia, for the warm reception decried the state of the access road to the Fuller Project sites and said that government should do more to support Millard Filler Foundation as it was a pioneer of the affordable housing sector in Nigeria. He further said that the Foundationdeserved the REDAN Innovation Award as what the organization is doing to provide basic affordable housing for Nigerians is quite commendable and should be encouraged.
Chime also noted that the government has a role to play in bringing down the cost of housing in Nigeria:“A lot of people postulate high up there without knowing how it feels in the valley. With the provision of basic infrastructure by the government, developers will be able to deliver more affordable homes to Nigerians.” He said that REDAN is willing to support the foundation in every way possible towards ensuring that the vision of providing houses for the ordinary man becomes a reality.
The team, afterwards, went on a tour of the Fuller Housing Projects, the GrandLuvu1 completed phase and the GrandLuvu 2 400-housing unit project, which is at the completion stage.
The Real Estate Developers Association of Nigeria (REDAN) is the principal agency and umbrella body of the organized sector (public and private) responsible for housing development in Nigeria, having been conferred with official recognition by the Federal Government of Nigeria in November 2002.
On Wednesday, 21st March 2018, The Millard Fuller Foundation received The Real Estate Development Association of Nigeria (REDAN)Innovation Award at an event which held as a sideline of the fifth investiture of REDAN re-elected President, Rev Ugochukwu Chime.The event, which took place at the International Conference Centre, Abuja, had in attendance dignitaries, top housing developers and housing experts.