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Title: HARMONY GARDEN TARGETS 5,000 HOMES UNDER FEDERAL GOVERNMENT’S RENEWED HOPE HOUSING SCHEME

Nigeria, 30th Oct 2026 - For millions of Nigerians at home and abroad, owning a home remains a major aspiration, often constrained by rising property costs and the financial burden of paying the full purchase price upfront. The Federal Government of Nigeria, under the leadership of His Excellency, President Bola Ahmed Tinubu, launched the Renewed Hope Housing Initiative to expand access to quality housing and make homeownership more achievable for eligible Nigerians.Through a structured mortgage arrangement, the initiative seeks to provide prospective homeowners with a pathway to ownership by spreading payments over an extended period, subject to applicable eligibility requirements and financing terms.Harmony Garden Targets 5,000 HomesHarmony Garden & Estate Development Limited is collaborating with the Federal Ministry of Housing and Urban Development to support the initiative, with plans to deliver 5,000 homes across its estates.The project was marked by a groundbreaking ceremony at Lekki Aviation Town Estate, Ibeju-Lekki, Lagos State, on Friday, October 30, 2026.The company's participation reflects its ambition to contribute to housing delivery by connecting residential development with financing options designed to make property ownership more accessible.Making Homeownership More AccessibleA key feature of the Renewed Hope Housing Initiative is its mortgage financing structure, which aims to reduce the immediate financial burden on prospective homeowners.According to the programme information, eligible buyers may access financing of up to 90 per cent of a property's value, with repayment periods and interest rates determined by the applicable mortgage terms. The programme also advertises an entry option starting at ₦5.5 million, subject to property selection and...

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