Renewed Hope Cities: Abuja Property Development Company Synegises With FG on Provision Of Affordable Houses

The Acting Managing Director, Abuja Property Development Company, (APDC), Akeem Aderogba has hinted that APDC is currently in synergy with the Federal Ministry of Housing to provide affordable houses for the citizens.

The Acting MD, APDC, made this known when he led a delegation from the Abuja Property Development Company on a courtesy visit to the Hon Minister of Housing and Urban Development ARC Ahmed Musa Dangiwa in his office in Abuja Thursday.

The Acting MD said they were in the ministry to inform the Minister of their request to key into the Renewed Hope Cities and Estates programme.

To convince the Minister of their capability to key into the programme, Aderogba noted that APDC is a Property Development Company who has developed four homes which are currently simultaneously developed and has never had a court case due to inability to deliver their mandate to Nigerians, pledging not to disappoint the Minister if request is granted.

Aderogba listed the APDC Homes namely; ACE Kaba-Phases 2&3, APDC Homes in Karsana, APDC Homes, Idogwari, Life Camp and APDC Homes in Millennium City, Kaduna, Kaduna State.

The Acting MD also said that APDC success story would not be complete without recognizing all the Minister’s effort, describing the Minister’s appointment “as putting a round peg in a round hole.”

Akeem Aderogba reiterated APDC’s position as the preferred developer and facility manager in Abuja and the environs while being the development vehicle for the FCTA.

He also expressed the company’s desire to key into the government’s renewed hope housing program, stressing that the Hon Minister is aware of APDC ‘s capacity for housing delivery.

While playing host to the APDC’s delegation, the Minister underscored the significance of knowledge sharing with APDC in the sale of the Ministry’s bulk of houses, saying that APDC has a success story for the Ministry to learn from.

The Minister stated that, “The delivery plan of Renewed Hope Cities and Estates is hinged on PPP. I urge you to engage with the PPP department of the Ministry in order to key into the programme.”

According to the Minister, “I like to know your experiences in selling these houses and your assessments over demands of the types of houses in FCT.“

The Minister added that leveraging on the experiences of APDC has become necessary and imperative because this is the first time the Housing Ministry is going into the huge volume of housing units for sale, noting that, APDC has a robust marketing department through which houses constructed by the company are comfortably sold to the public.

Commending APDC on the strong and effective management of their facilities across the Country, the Minister noted that, APDC Homes are properly managed, requesting the Company to avail his staff of the knowledge on facility management and how to improve on it.

On Renewed Hope Estates and cities, the Minister explained, that the Estates as parts of the programme are planned specifically for low and middle income earners most of whom are of the organised Labour and Unions.

He added that the types of houses constructed in the estates are one to three bedrooms bungalows and are sited in the six Geo-political Zones of the country.

Explaining further, the Minister said that the Renewed Hope Cities and Estates is aimed to avert social inequality, providing a broad range of affordable ownership for both cities and estates, adding that, the option of getting the houses would include single digit loan and mortgage facility provided by the Federal Mortgage Bank of Nigeria, as long as interested buyers are contributors of National Housing Fund, NHF.

He also mentioned other options of purchase open to Nigerians to include the Rent-to-Own, Outright and Installment purchases, apart from the mortgage facility.