LagosHOMS Builds Hope, One Home at a Time | Nigeria News

Lagos State’s housing revolution is paying off—with over 20,000 homes delivered since 2014 through the LagosHOMS program, designed to make homeownership a reality for low- and middle-income residents. Instead of traditional cash deals, the initiative offers flexible mortgage and rent-to-own plans with reduced down payments and interest rates, covering all five major Lagos zones. Facing relentless demand from a city swelling with new arrivals, the program leans on private partnerships to scale up supply. General Manager Bayowa Foresythe, celebrating his 60th birthday, praised divine grace and Governor Sanwo-Olu’s support as key to the scheme’s success. A recent upgrade lets diligent borrowers pay off their homes in just six years—conditional on consistent payments. Foresythe also emphasized sustainability through insurance and facility management, urging beneficiaries to stay current so future generations can benefit too—and to trust in government’s commitment to affordable housing. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3da6a119b098c53a