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Federal Housing Authority

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Namestring
Federal Housing Authority
Websiteurl
https://www.fha.gov.ng
Company typeenum
Private
Founded yearstring
-
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersAbuja, Nigeria
HQ citystring
Abuja
HQ countrystring
Nigeria
HQ regionstring
Africa
Markets served

Serves global market

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No data
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Functional benefit
Problem solved
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Customer concentration

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AI maturity
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Valuation estimate
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Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

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Investment

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Federal Housing Authority

fha.gov.ng

Federal Housing Authority firmographics

Firmographics
Name
Federal Housing Authority
Website
https://www.fha.gov.ng
Company type
Private
Headcount range
101–250 employees
Ownership category
akta.pro rank

Where Federal Housing Authority is headquartered

Location

Headquarters

HQ city
Abuja
HQ country
Nigeria
HQ region
Africa

Markets served

Federal Housing Authority technology and API

Technology

API detail

API docs
API detail

Core technology

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Federal Housing Authority competitors and assessment

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Federal Housing Authority financial estimates

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Federal Housing Authority leadership team

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Federal Housing Authority funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Federal Housing Authority M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Federal Housing Authority

When was Federal Housing Authority founded?

Federal Housing Authority was founded in -1. It employs 101 to 250 people.

Where is Federal Housing Authority based?

Federal Housing Authority is headquartered in Abuja, Nigeria, in the Africa region.

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THISDAYLIVEDefence Ministry Partners FHA to Provide Affordable Housing for Staff – THISDAYLIVEThe Nigerian Defence Ministry announced a partnership with the Federal Housing Authority and other mortgage institutions to provide affordable housing for staff. The minister, Gen. Christopher Gwabin Musa, said the ministry will explore options beyond land acquisition, including paying for homes in instalments. He also urged staff to remain vigilant on security and addressed welfare concerns.Punch NewspapersAmuwo family urges police to conclude FESTAC land probeThe Kuje Amuwo Chieftaincy Family urged the Nigeria Police Force to conclude its investigation into a land dispute over a FESTAC Extension property. The family alleged harassment by the Lagos State Task Force and said 4.017 hectares were acquired for the Federal Housing Authority, with the remainder belonging to the family. They called for an end to disruption and a timely conclusion of the probe.Punch NewspapersFESTAC Demolition: Residents Threaten FHA Protest in AbujaResidents in FESTAC Town, Lagos, threatened a protest at the Federal Housing Authority in Abuja over the alleged demolition of a perimeter fence and gateway. The FHA dismissed claims, saying the demolition was lawful after warnings for a contravention. Residents called for clarification on the land's status.AllafricaNigeria: FHA and Affordable HousingThe Federal Housing Authority (FHA) in Nigeria has secured land in 28 states and commenced construction on new housing projects, including the Green City Estate in Abuja. Despite these efforts, experts criticize the agency for failing to maintain older estates like FESTAC Town, which have deteriorated into slums with collapsed infrastructure. The article suggests empowering the Federal Mortgage Bank of Nigeria (FMBN) and the Nigeria Mortgage Refinance Company (NMRC) to better address affordable housing needs.THISDAYLIVEFHA AND AFFORDABLE HOUSING – THISDAYLIVEThe Federal Housing Authority (FHA) announced it has secured prime land in 28 Nigerian states and commenced construction on housing projects, including the FHA Green City Estate in Abuja and the 336-unit FHA Estate in Bwari scheduled for commissioning by year-end. Experts have raised concerns about the FHA's track record, noting that many of its older estates such as FESTAC Town and Gowon Estate have deteriorated into slums due to poor maintenance and collapsed sewage systems despite past investments. The article suggests that empowering the Federal Mortgage Bank of Nigeria and the Nigeria Mortgage Refinance Company would be more effective for delivering affordable housing than the current FHA-led approach.Punch NewspapersFHA clears N12bn debt, remits N3bn to FG, says MDThe Federal Housing Authority (FHA) in Nigeria has cleared a debt burden of over N12 billion within three months under new management led by Managing Director Oyetunde Ojo, having inherited the deficit backed by a Supreme Court judgment that had made it difficult to meet basic obligations including salary payments. The agency achieved this turnaround through digitalization of its property records and operations, enabling it to remit N3 billion to the Federal Government's Consolidated Revenue Fund by July and become a net contributor to government revenue for the first time. The FHA chief also announced plans to commission approximately 400 housing units in Bwari, Abuja, before the end of the year without any financial support from the Federal Government.THISDAYLIVENHRC Probes Alleged Rights Violations in Lagos Estate Demolition – THISDAYLIVEThe National Human Rights Commission (NHRC) has commenced an investigation into a petition filed by residents of Blue Roof Estate in Lagos, Nigeria, alleging human rights violations including destruction of homes, harassment, and a death during demolition activities carried out between January 27 and February 26. The petition claims those responsible stated they were acting under a court order on behalf of the Federal Housing Authority (FHA), although the FHA later issued a public disclaimer denying any involvement. Residents are seeking an independent investigation, accountability for alleged violations of constitutional rights including the right to life, dignity, and protection against compulsory property acquisition, and legal action against those found culpable.Punch NewspapersFHA Expands Housing Projects Across 28 Nigerian StatesThe Federal Housing Authority (FHA) announced it has secured prime land in 28 Nigerian states and commenced construction activities as part of its housing expansion efforts, with groundbreaking ceremonies held in multiple states including Akwa Ibom, Abia, Kaduna, and Abeokuta. The FHA revealed it has completed and commissioned several inherited projects over the past 26 months, including 100 housing units in Ibadan, the FHA Expressview Estate and Complex in Lugbe, Abuja, and the FHA Shopping Mall in Gwarinpa, Abuja. The authority is currently working on a 336-unit housing estate in Bwari, Abuja, targeting completion before the end of the year under President Bola Tinubu's Renewed Hope Housing Initiative.GuardianWhat Kind of House Do Most Nigerians Live In?Most urban Nigerians live in rented tenement buildings or self-contained flats, while rural residents typically occupy compound houses on family land, reflecting a national housing deficit that outpaces formal supply. The three-bedroom bungalow remains the aspirational standard for the middle class, though rising rental costs in cities like Lagos have intensified pressure on living space and affordability. Government bodies such as the Federal Housing Authority and the National Bureau of Statistics provide data highlighting the disparity between housing needs and available stock.Business InsiderTrump's 50-Year Mortgage Idea Could Backfire, Housing Expert SaysPresident Trump proposed a 50-year fixed-rate mortgage to address US housing affordability issues, with Federal Housing Finance Agency director Bill Pulte confirming the agency is working on developing the product. Housing economists, including Redfin's Daryl Fairweather, argue the plan could backfire by resulting in meager monthly savings, significantly higher interest rates over the loan's life, and potentially driving home prices higher due to increased demand without corresponding supply growth. The proposal faces regulatory hurdles, including Consumer Financial Protection Bureau limits on qualified mortgages and the need for congressional approval beyond the presidential level.