HDAN Seeks Release Of N200bn CBN Housing Intervention Loan

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HDAN Seeks Release Of N200bn CBN Housing Intervention Loan
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HDAN Seeks Release Of N200bn CBN Housing Intervention Loan - Latest News

The leading non governmental advocacy group in a statement signed by Adebayo wondered why nothing has been heard since 2020.

“We are concerned on why the approved loan has not been released three years after when all processes have been concluded.“ We are also calling on the incoming govt to ensure that this fund is released to support social housing provision On the housing intervention loan, the CBN has said on its porter that “The programme will house up to 900,000 children and adults on a low income with direct impact on health, education and economic outcomes,”.

As part of the efforts at addressing capital flight, the CBN also disclosed that the buildings will be constructed using about 90 per cent of locally sourced materials.

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