{"id":1338,"date":"2017-02-27T03:12:29","date_gmt":"2017-02-27T03:12:29","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/lagos-allocates-rent-to-own-houses\/"},"modified":"2017-02-27T03:12:29","modified_gmt":"2017-02-27T03:12:29","slug":"lagos-allocates-rent-to-own-houses","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/lagos-allocates-rent-to-own-houses\/","title":{"rendered":"Lagos allocates rent-to-own houses"},"content":{"rendered":"

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Prince Gbolahan Lawal<\/p>\n<\/div>\n

Determined to reduce housing<\/a> shortages, Lagos authorities have begun the implementation of its Rent-To-Own<\/a> policy, aimed at making housing more readily affordable and accessible to the citizenry.<\/p>\n

Under the scheme, about 100 allottees would be given keys to their apartment monthly. Though, there are 12 housing estates in the custody of the state government, only five estates are ready for allocation with 4, 355 apartments meant for Rent-To-Own.<\/p>\n

The State\u2019s Commissioner for Housing, Gbolahan Lawal said every responsible government must give utmost attention to providing housing for the low and middle-income earners.<\/p>\n

Speaking at the presentation of keys to the first 100 allottees of the Rent-To-Own policy of the state, Lawal said that the need to create a new face of accommodation for Lagosians especially the low and middle income earners has become imperative in view of the ever increasing population of the state.<\/p>\n

According to him, those who could not afford the five per cent down payment for the policy can apply for the rental policy, which requires just a month down payment.<\/p>\n

The allottees who were presented with keys to their apartments, commended the state government for the gesture noting that it was a good one with a transparent process.<\/p>\n

One of the beneficiaries, Bamidele Olayiwola Idowu said that he got the information through his father. Though he was initially scared that it might require a long and tedious process with bottlenecks, but it was not.<\/p>\n<\/div>\n

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[ad_1] Prince Gbolahan Lawal Determined to reduce housing shortages, Lagos authorities have begun the implementation of … Lagos allocates rent-to-own houses<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1339,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[625,617,489,344,684,3058,41,678],"class_list":["post-1338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-down-payment","tag-house","tag-houses","tag-housing","tag-lagos","tag-location","tag-property","tag-rental"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Prince-Gbolahan-Lawal.jpg?fit=640%2C361&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6556,"url":"https:\/\/amazingproperty.com.ng\/blog\/fashola-urged-to-pursue-housing-reforms\/","url_meta":{"origin":1338,"position":0},"title":"Fashola urged to pursue housing reforms","author":"Amazing Property","date":"October 9, 2017","format":false,"excerpt":"Minister of Works, Power and Housing Babatunde Fashola Disturbed that past efforts to provide solutions have failed, a Lagos-based firm, RevolutionPlus Property Development Company has urged the Minister of Works, Power and Housing, Babatunde Fashola to facilitate the amendment of the Land Use Act and create enabling environment for private\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Minister Of Works Power And Housing Babatunde Fashola.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/Minister-of-Works-Power-and-Housing-Babatunde-Fashola.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/Minister-of-Works-Power-and-Housing-Babatunde-Fashola.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/Minister-of-Works-Power-and-Housing-Babatunde-Fashola.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/Minister-of-Works-Power-and-Housing-Babatunde-Fashola.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/Minister-of-Works-Power-and-Housing-Babatunde-Fashola.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7601,"url":"https:\/\/amazingproperty.com.ng\/blog\/lagos-plans-to-reduce-fraud-in-real-estate-sector\/","url_meta":{"origin":1338,"position":1},"title":"Lagos plans to reduce fraud in real estate sector","author":"Amazing Property","date":"December 25, 2017","format":false,"excerpt":"Faced with concerns on the activities of land grabbers, Lagos State government has pledged to bring to the barest minimum illegal and fraudulent activities in the real estate sector. 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