Family Homes Funds Ltd

📈 We are excited to announce that GCR Ratings has upgraded Family Homes Funds Limited’s national scale long and short-term issuer ratings to A(NG) and A1(NG) from BBB+(NG) and A2(NG); with the Outlook revised to Stable from Positive. Concurrently, GCR has upgraded Family Homes Sukuk Issuance Programme Plc’s NGN10bn Series 1 and NGN20bn Series 2 respectively, with the Outlooks revised to Stable from Positive. In its report, GCR states that the rating upgrade on FHFL reflects sustained growth trajectory in line with the company’s mandate of financing construction of affordable housing. The ratings also consider FHFL’s access to funding from the Federal Government of Nigeria (FGN) and Development Financial Institutions (DFIs) which support strong capitalisation, liquidity and a good risk profile. Reacting, the Managing Director of FHFL, Abdul Mutallab Mukhtar said, “We are thrilled by GCR’s recognition of our efforts. This rating upgrade stands as a testament to the hard work and dedication of our team in fulfilling our mandate to provide affordable homes for Nigerian families. It further reflects confidence in our financial stability and operational efficiency. We remain deeply committed to our mission and will continue to build on our strengths to make a lasting impact in the housing sector.’’ Read the full story here 👉 https://lnkd.in/ejkgEaW6

🎗️ We proudly joined hands with the MEDICAID CANCER FOUNDATION in the #WalkAwayCancer campaign! 💪 Together, we took steps to raise awareness, honour survivors, and support the fight against cancer. We remain committed to building stronger communities in more ways than one. #FHFLCares #CancerAwareness #CommunitySupport

🎗️ Joins us! Tomorrow - November 2nd - FHFL joins hands with MEDICAID CANCER FOUNDATION for the #WalkAwayCancer awareness campaign, taking strides toward a healthier future for all. Beyond housing, we are dedicated to supporting impactful social causes that strengthen our communities. Let’s march together to raise awareness, stand with survivors, and build a stronger, healthier society. 📅 2 November, 2024 ⌚ 07:00am 🎗️ Monoliza Park, Area 11, Garki, Abuja 💪 Join us on this journey toward change! #FHFLCares #CommunityFirst #cancer #fightagainstcancer #honouringheroes

🏡 Building for a #sustainable future starts with using local materials. 💚 At FHFL, we are dedicated to promoting the use of locally sourced building materials—not only to reduce #construction costs but to support sustainable practices that benefit our #communities and #environment. Let's say YES to #localcontent in #affordablehousing delivery. #SustainableHousing #FHFLImpact #HomeOwner #HomeOwnership #Housing

🤝 Exploring new frontiers with the UN-Habitat (United Nations Human Settlements Programme) We had the privilege of hosting the #UNHabitat team at our office to explore collaborative opportunities aimed at advancing housing solutions for Internally Displaced Persons (IDPs), especially in the #northeast region of #Nigeria. We are collectively looking to create impactful housing opportunities and build capacity to support these vulnerable communities. This partnership will not only address the immediate housing needs but also focus on sustainable long-term solutions. We are excited about the potential of this collaboration to drive meaningful change. In September, the UN Habitat hosted a technical session on finance solutions for internally displaced persons (IDPs) in Abuja, to which FHFL was invited. #FHFLImpact #HousingForAll #IDPSupport #CapacityBuilding  

🧩 From the heart of #Zanzibar at the 2024 African Union for Housing Finance (AUHF) #Conference, where our team joins other #housingfinance experts from across the continent exploring what it takes to build a lasting future for #affordablehousing. 🌍🏡 Our team is sharing the FHFL story in #Nigeria and moderating a powerful session on how to realise #sustainable housing finance across #Africa. We are very proud to be part of the dialogue shaping the future of affordable housing on the continent. CAHF | Centre for Affordable Housing Finance in Africa | CAHF | Centre for Affordable Housing Finance in Africa | API Events | International Secondary Mortgage Market Association #AUHF2024 #FHFLImpact #SustainableHousing

❓ #FridayPoll! We're curious.

📢 Celebrating Our Recent Successes at Family Homes Funds Limited! 🙌 We’re proud to celebrate some amazing milestones we have achieved lately , and it’s all thanks to our dedicated team, partners, and supporters who make everything possible. 📈 Our Credit Rating Upgrade: Agusto & Co. has upgraded our rating, a reflection of the hard work and passion we pour into making housing more accessible for Nigerians. 📈Series 1 Sukuk Rating Upgrade: Another big win—our Series 1 Sukuk rating has been upgraded, further solidifying our position in the market. 🤝A New Chapter with Stanbic IBTC: We’re beyond excited to team up with Stanbic IBTC on the Help to Own product! This partnership means more families will finally have the chance to move into their first homes. 🌍Cultural Day Joy: Our Cultural Day was a beautiful celebration of the rich diversity that makes us stronger. It was a day of laughter, color, and connection as we proudly showcased the cultures that make up our family at FHFL. 💪 Recognizing Excellence: To our team members who received excellence awards—thank you for being the heart and soul of this organization. Your dedication inspires us all every day. ❤️ These moments remind us why we do what we do: building a brighter future for families across Nigeria. Here’s to celebrating our wins and creating even more opportunities together! #FamilyHomesFunds #OurJourney #HelpToOwn #PartnershipsThatMatter #CulturalDay #Teamwork #Success #AffordableHousing #BuildingCommunities #ChangingLives

📅 We are excited to announce our participation at the 40th African Union for Housing Finance (AUHF) #conference, on 16 & 17 October at The MELIA HOTEL- ZANZIBAR, TANZANIA! 🎤 Our CFO, Nkeiru Arum, (FCA, FICA, ANIVS) would be speaking on a panel with key #stakeholders across #Africa to drive conversations on #affordablehousing solutions and #sustainable financing. We are looking forward to insightful discussions, networking and catching up with colleagues from across our beautiful continent.  📝 Register now https://lnkd.in/dPseK3R2.   CAHF | Centre for Affordable Housing Finance in Africa| API Events | International Secondary Mortgage Market Association #AUHF2024 #AfricanProperty #RealEstateSummit #familyhomes  

🎞️ Reflecting on our impact! 🏡 As Nigeria turns 64, we at Family Homes Funds Limited are proud to be part of the journey towards building a better future. Through affordable housing, we have helped thousands of families unlock the dream of homeownership, creating stronger communities and a brighter tomorrow. Collectively, we are laying the foundation for a prosperous Nigeria. #NigeriaAt64 #AffordableHousing #BuildingCommunities #FamilyHomesFunds