Town Planner Canvasses Support For FG’s Affordable Housing Efforts

A town planner Mr.
Micheal Ogunleye, has called on stakeholders in the housing sector to support the Federal  Government’s efforts to provide affordable housing for Nigerians.
Ogunleye, who was speaking in a chat with The Tide in Port Harcourt, Monday, said that partnership between public and private sectors would not only guarantee availability of housing finance, but would also enhanced speedy housing delivery.
According to him, production of building materials, creating enabling environment in the area of titling as well as ensuring vibrant primary mortgage market have to go hand-in-hand.
Ogunleye said that there would be no secondary mortgage market without a vibrant primary mortgage market, adding that mortgage banks were facing challenges of how to design flexible products for potential house owners to help them achieve their goals of home ownership.
“The Mortgage banks need to put in place appropriate products as well as build adequate information infrastructure to be able to deliver effective mortgage banking.
“There is also the need to have the right people in terms of training and capacity in the development of the mortgage industry,” he said.

Corlins Walter