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National Housing Fund Act 🇳🇬

Coat of Arms

National Housing Fund Act

  • Commenced on 31 January 1992
  • [Up to date as at 31 January 1992]
  • [Note: The original publication document is not available and this content could not be verified.]
An Act to provide for the establishment of the National Housing Fund and for matters connected therewith.

1. Establishment of the National Housing Fund

(1)There is hereby established a fund to be known as the National Housing Fund (in this Act referred to as "the Fund").
(2)All contributions and other monies required or prescribed by this Act shall be paid into the Fund.

2. Aims and objectives of the Fund

The aims and objectives of the Fund shall be to-(a)facilitate the mobilisation of the Fund for the provision of houses for Nigerians at affordable prices;(b)ensure the constant supply of loans to Nigerians for the purpose of building, purchasing and improvement of residential houses;(c)provide incentives for the capital market to invest in property development;(d)encourage the development of specific progra…

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