Ogun Govt. Advocates Mortgage Facilities For Home Ownership


The General Manager of the Ogun State Housing Corporation, Mrs Olajumoke Akinwunmi, wants residents of the state to take advantage of mortgage facilities being offered by the government to own houses by themselves.

Mrs Akinwunmi who stressed this during an interactive session with newsmen in Abeokuta pointed out that taking mortgage, was a viable option through which people can benefit maximally from the affordable housing scheme, provided by the state government.

She said government had created multiple-gated residential communities that the people could benefit from just as lands could be allocated to them for development considering that plans were on-going to also make provision for artisans, individuals in the private sector, apart from public servants in this regard.

According to her ‘’Ogun State Housing Corporation as one of the government agencies charged with the provision of more affordable housing has developed multiple gated residential communities and aims to deliver several thousand over the next few years to meet the aspirations and affordability of the people’’.

Mrs Akinwunwi enjoined the people to afford themselves the opportunity provided by the National Housing Fund Scheme, through accredited mortgage institutions in the state, to harness housing loan facilities at reduced interest rates, maintaining that mortgage remained one of the viable options for home ownership in the developed and developing countries.