FG Sets Uniform Prices for Renewed Hope Housing Units Nationwide 

by Deborah Oladapo

The Federal Government has approved uniform sale prices for housing units under the Renewed Hope Estate Programme, a key initiative aimed at expanding affordable homeownership and reducing Nigeria’s housing deficit.

Announcing the development, the Federal Ministry of Housing and Urban Development confirmed that the estates will feature one-, two-, and three-bedroom semi-detached bungalows, priced at ₦8.5 million, ₦11.5 million, and ₦12.5 million respectively across all states.

The Renewed Hope Housing Programme forms part of the current administration’s broader Renewed Hope Agenda, which prioritises mass housing delivery, urban renewal, and inclusive access to shelter for working Nigerians. The government said the uniform pricing structure is intended to promote fairness, transparency, and equal access, regardless of location.

The Minister of Housing and Urban Development, Ahmed Musa Dangiwa, stated that priority will be given to low- and middle-income earners, civil servants at federal, state, and local government levels, employees in the organised private sector with verifiable income, and Nigerians in the diaspora who wish to acquire homes in the country.

Shedding further light on the allocation framework, the Permanent Secretary, Dr. Shuaib Belgore, noted that the Ministry has created flexible payment options to support affordability and broaden participation.
“These include outright (full) payment, mortgage arrangements, rent-to-own schemes, and instalment payment plans,” he explained.

He added that the sale of completed housing units across the northern and southern regions will begin soon, calling on interested applicants to register through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.gov.ng, or obtain application forms at the Ministry’s headquarters and field offices nationwide.

Meanwhile, the Ministry clarified that the approved pricing applies only to the Renewed Hope Housing Estate units funded directly through the Ministry’s budget. It does not apply to the Renewed Hope Cities developments in Karsana (Abuja), Janguza (Kano), and Ibeju Lekki (Lagos), which are being financed under Public-Private Partnership arrangements and are expected to reflect different pricing structures.

With sales set to commence, the government says the initiative is a step toward making affordable and decent housing more accessible to Nigerians while supporting the national drive for inclusive economic and social development.