Nigerian Capital Development Fund delivers affordable homes, develop the programmes and advocate for the policies needed to create and preserve well-designed homes that people can afford in inclusive and connected communities.
The idea is targeted at contributing towards solving the problem of housing shortage of over 17 million in Nigeria, creating jobs for the youths and support the government’s efforts to provide and create enabling environments.
Our journey began 8 years ago with different projects to help the masses and communities that include; affordable housing, social finance, agriculture, tourism, environment, telecommunication but due to limited resources available for social investment, we redesigned our business model to focus strictly on affordable housing provision to touch the lives of masses.
As a proven entity and powerful brand, NCDF improves communities and people’s lives by making well-designed homes affordable. In order to deliver on its mandate, NCDF formed a synergistic relationship by entering into a partnership with government and development partners to develop and deliver affordable housing that is cost-effective, of good quality and accessible to those in greatest need.
OUR CURRENT HOUSING PUBLIC-PRIVATE PARTNERSHIPS
NCDF / FGN Partnership
NCDF and The Federal Government of Nigeria through The Federal Ministry of Housing signed a Public Private Partnership Agreement in September 2012, to provide 5,000 Affordable Social Housing for Nigerians. This resulted in the recent delivery of 30 units of 2 & 3 Bedroom Bungalow houses as prototype and pilot scheme, and as a result, reduce construction cost by 30%.
NCDF / BENUE STATE Partnership
In May 2013, the Benue State Government through Public Private Partnership Agreement with NCDF donated 100 hectares of land for the construction of 1,000 units of affordable homes.
NCDF / IMO STATE Partnership
Imo State Government in February 2013, entered into a partnership with NCDF on Affordable Social Housing, thus allocating 30 hectares of land to develop 300 units of a low-income housing estate.