FHA REJIGS OPERATIONS, SETS UP ESTATES’ MAINTENANCE SUBSIDIARY

   

There were indications last week that a nationwide move to restructure and upgrade Federal government’s housing estates may well be underway, as fresh moves were initiated to decentralise the operation of the Federal Housing Authority (FHA). Under the new plan unfolded last week, FHA will no longer be responsible for the sale and maintenance of its estates nationwide, a new subsidiary is being the maintenance of estate. The new company is known as FHA Facilities Management Company Limited while FHA Mortgage bank, and another subsidiary would handle the marketing of FHA estates.

FHA’s Managing Director Professor Mohammed Al-Amin made this known at a meeting with the Lugbe Estate Resident Association in the Federal Capital, Abuja.