AHCN Launches Initiative for 740,000 Housing Units

The Association of Housing Corporations of Nigeria (AHCN) announced that Nigeria's housing deficit is 14.925 million units, with an additional 15.2 million units classified as substandard as of 2025. During the 2026 State of the Nation’s Housing Address in Abuja, Esv.

Eno Obongha, President and Chairman of the Council of AHCN, unveiled a five-year plan called the "ERAHOMS 740,000 Mass Housing Initiative." This initiative aims to deliver 740,000 housing units between 2027 and 2031 through various methods including direct development, public-private partnerships, and mortgage-backed housing. Obongha emphasized the need for reforms to reposition State Housing Corporations as key players in mass housing development.

He highlighted the importance of housing in relation to human dignity, economic productivity, and national development. Furthermore, he called for a unified national housing database to support policy formulation and housing delivery, involving multiple agencies such as the National Bureau of Statistics and the Central Bank of Nigeria.