{"id":10098,"date":"2018-05-16T09:23:25","date_gmt":"2018-05-16T08:23:25","guid":{"rendered":"https:\/\/www.propertypro.ng\/blog\/?p=10098"},"modified":"2018-05-16T09:23:25","modified_gmt":"2018-05-16T08:23:25","slug":"edo-state-affordable-housing-plan-opens-to-private-developers","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/edo-state-affordable-housing-plan-opens-to-private-developers\/","title":{"rendered":"Edo state affordable housing plan opens to private developers"},"content":{"rendered":"

Edo State Governor<\/b>, Mr. Godwin Obaseki, reforms in private property management and plans for affordable housing have opened up the <\/span>real estate<\/b> sector to private developers. The <\/span>state government<\/b> had ratified a law banning activities of Community Development Association, setting up a Private Property Protection taskforce to ensure that developers and property owners do not fall prey to land-grabbers and other unscrupulous elements in the property sector. <\/span><\/p>\n

DUPLEX FOR SALE IN LEKKI PHASE 1<\/strong><\/a><\/p>\n

It is against this backdrop that the <\/span>Edo Development and Property Agency<\/b> (EDPA) is calling on developers to tap from the growing real estate sector in the state for development of affordable housing in a finance, build and sell arrangement. The plan also makes room for joint-venture partnerships. Executive Chairman, EDPA, Ms. Isoken Omo, in a release, said the state government will be exploring the<\/span> private-public partnership<\/b> (PPP) option in developing affordable real estate projects across the state. She said, \u201cThe projects will be sited on various strategic parcels of land pooled into the <\/span>Edo State Housing Development Land Bank<\/b> domiciled with the agency. \u201cOther sites for the projects include new sites of land that will be identified in line with the proposals submitted by prospective developers and investors who are interested in partnering with the state government in developing, financing, building and selling housing units across the state.\u201d <\/span><\/p>\n

SHOP FOR RENT IN ABUJA<\/strong><\/a><\/p>\n

Recall that Governor Godwin Obaseki had, in his Workers\u2019 Day address, promised <\/span>social housing<\/b> for workers and other residents in the state. \u201cIn delivering Housing to workers, plans are on between the <\/span>Federal Mortgage Bank<\/b>, <\/span>Nigeria Labour Congress<\/b> (NLC), <\/span>Trade Union Congress<\/b> (TUC), <\/span>Nigeria Employers Consultative Association<\/b> (NECA) and the<\/span> Edo State Government<\/b> to provide Housing for Edo State workers. The repositioned Edo Development and Property Agency (EDPA) is also working on social housing for Edo workers by private investors,\u201d the governor said at the Workers\u2019 Day event. A bill to reposition the EDPA was signed into law recently by the governor to empower the agency for partnerships that will boost housing stock in the state and reduce the overall national <\/span>housing deficit<\/b> figures.<\/span><\/p>\n

Source: Vanguard<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Edo State Governor, Mr. Godwin Obaseki, reforms in private property management and plans for affordable housing have opened up the real estate sector to private developers. The state government had ratified a law banning activities of Community Development Association, setting up a Private Property Protection taskforce to ensure that developers and property owners do not …<\/p>\n","protected":false},"author":24,"featured_media":8717,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[37,32],"tags":[2756,2760,2757,2758,2759,2483,2484],"class_list":["post-10098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-real-estate-news","tag-edo-development-and-property-agency","tag-edo-state-government","tag-edo-state-housing-development-land-bank","tag-federal-mortgage-bank","tag-nigeria-employers-consultative-association","tag-nigeria-labour-congress","tag-trade-union-congress"],"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/10098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=10098"}],"version-history":[{"count":1,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/10098\/revisions"}],"predecessor-version":[{"id":10099,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/10098\/revisions\/10099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/8717"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=10098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=10098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=10098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}