{"id":6351,"date":"2017-09-25T03:40:26","date_gmt":"2017-09-25T03:40:26","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/stakeholders-urge-innovative-approaches-to-affordable-housing\/"},"modified":"2017-09-25T03:40:26","modified_gmt":"2017-09-25T03:40:26","slug":"stakeholders-urge-innovative-approaches-to-affordable-housing","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/stakeholders-urge-innovative-approaches-to-affordable-housing\/","title":{"rendered":"Stakeholders urge innovative approaches to affordable housing"},"content":{"rendered":"<p>\n<\/p>\n<div id=\"\">\n<div id=\"attachment_350991\" class=\"wp-caption alignnone\" readability=\"40\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683.jpg?resize=1280%2C720&#038;ssl=1\" data-lazy-src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/plugins\/ventra-lazy-load\/images\/1x1.trans.gif?ssl=1\" data-lazy-srcset=\"https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-974x548.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-600x338.jpg 600w\" class=\"wp-image-350991 size-full lazyload\" alt=\"\" width=\"1280\" height=\"720\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-350991 size-full lazyload\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683.jpg?resize=1280%2C720&#038;ssl=1\" alt=\"\" width=\"1280\" height=\"720\" srcset=\"https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-974x548.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683-600x338.jpg 600w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><\/noscript><\/p>\n<p class=\"wp-caption-text\">President, Nigerian Institute of Town Planners (NITP), Mr. Luka Bulus Achi said Nigeria needs to improve on the existing construction methods, materials and speed with which <a href=\"https:\/\/amazingproperty.com.ng\/blog\/sell-your-home-online-fast\/\">housing<\/a> units are delivered as the traditional construction method, which still predominates the industry, is wet construction.<\/p>\n<\/div>\n<p>With the projection of Nigeria population reaching about 450 million by the year 2050, stakeholders in the built environment are advocating for the deployment of technology to bridge the existing housing gap in the country.<\/p>\n<p>The experts who spoke at a two-day <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> summit themed; \u201c Innovating, Collaborating and growing to achieve adequate and <a href=\"https:\/\/amazingproperty.com.ng\/blog\/affordable-housing-markets-for-buyers\/\">affordable housing<\/a> in Nigeria\u201d, held in Lagos expressed the need for innovative approaches to affordable housing sector.<\/p>\n<p>Setting the tune for the discussion, President, Nigerian Institute of Town Planners (NITP), Mr. Luka Bulus Achi said Nigeria needs to improve on the existing construction methods, materials and speed with which housing units are delivered as the traditional construction method, which still predominates the industry, is wet construction.<\/p>\n<p>He stressed the urgent need for research and development in this area in order to enhance housing delivery for Nigerians.<\/p>\n<p>\u201cWe are familiar with number of days needed to expect a suspended concrete slab to cure. Many structures have failed in a bid to cut down time, trying to truncate the length of time of waiting just to find a way of speeding up the process. In view of the cost-intensive nature of the industry and the difficulty in accessing <a href=\"https:\/\/amazingproperty.com.ng\/blog\/get-quick-loan-for-real-estate-investment\/\">funds<\/a> for procurement of heavy-duty machinery, it appears that the speed of construction slows down as the structure increases in height.<\/p>\n<p>\u201cThe world is witnessing other innovations in 3D printing house construction, which is available for further research in Nigeria. Growing involves process, and construction is actually a process. The challenge is that generally people don\u2019t understand that it is a process, especially some of those in authority. When there is a process, everything must take place at the scheduled time. I believe that the ability to collaborate and innovate should be developed and made to grow to the extent that we then look forward to achieving adequate housing\u201d, he explained.<\/p>\n<p>Represented by the second vice president, Toyin Ayinde, he said: \u201cThe general public was more familiar with the term, \u201clow-cost\u201d than with \u201caffordable\u201d. It is difficult to pinpoint the origin of low-cost but it may have found its root in the housing programme of Lagos State Government between 1979 and 1983.<\/p>\n<p>The housing programme was then termed low cost, but what probably didn\u2019t come to reality is the fact that it was also low in provision of infrastructure, services and facilities. Today, it is unlikely to develop same units at the same costs. Truthfully, though, there were indications a few years ago that the government was still making some payments on debts owed since that time, meaning that the units may not really be low-cost as many imagine. Affordability is therefore a more plausible approach, which can be achieved collaborating with the relevant professionals\u201d, he stated.<\/p>\n<\/p><\/div>\n<p><a hre=\"http:\/\/guardian.ng\/property\/stakeholders-urge-innovative-approaches-to-affordable-housing\/\"> Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President, Nigerian Institute of Town Planners (NITP), Mr. Luka Bulus Achi said Nigeria needs to improve &hellip; <a title=\"Stakeholders urge innovative approaches to affordable housing\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/stakeholders-urge-innovative-approaches-to-affordable-housing\/\"><span class=\"screen-reader-text\">Stakeholders urge innovative approaches to affordable housing<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5149,"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":true,"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":[2890,1399,617,344,684,522,41,84],"class_list":["post-6351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-construction","tag-development","tag-house","tag-housing","tag-lagos","tag-nigeria","tag-property","tag-real-estate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/07\/IMG_7441-1-1-1024x683.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":125170,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-news-today-stay-informed\/","url_meta":{"origin":6351,"position":0},"title":"Housing News Today","author":"Amazing Property","date":"April 19, 2023","format":false,"excerpt":"Housing News Today: What You Need To Know. As the housing market continues to evolve, it\u2019s important to stay up to date on the latest news and trends.\u00a0 Get all the latest housing news today from the top Real estate blog, Top real estate blog provide valuable insight into the\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"housing news today","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/04\/housing-news-today.jpg?fit=836%2C544&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/04\/housing-news-today.jpg?fit=836%2C544&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/04\/housing-news-today.jpg?fit=836%2C544&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/04\/housing-news-today.jpg?fit=836%2C544&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":125737,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-market-predictions\/","url_meta":{"origin":6351,"position":1},"title":"Housing Market Predictions","author":"Amazing Property","date":"August 16, 2023","format":"aside","excerpt":"Wondering what the housing market will do in the coming year? Here are our housing market predictions for the coming year.\u00a0 The housing market is an important indicator of economic health and stability. As such, predicting the future of the housing market is a critical task for economists, investors, and\u2026","rel":"","context":"In &quot;RealEstate&quot;","block_context":{"text":"RealEstate","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/realestate\/"},"img":{"alt_text":"housing market predictions","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2023\/08\/housing-market-predictions.jpg?fit=400%2C229&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":127086,"url":"https:\/\/amazingproperty.com.ng\/blog\/affordable-housing-solutions\/","url_meta":{"origin":6351,"position":2},"title":"Affordable Housing Solutions","author":"Amazing Property","date":"May 28, 2024","format":false,"excerpt":"Definition and Importance of Affordable Housing Affordable housing is housing that costs no more than 30% of a household's gross income. Going beyond this threshold categorizes a household as cost-burdened. In the U.S., over 11 million households face severe financial stress, spending over half their income on housing.1 Affordable housing\u2026","rel":"","context":"In &quot;RealEstate&quot;","block_context":{"text":"RealEstate","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/realestate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/building-inclusive-affordable-communities.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/building-inclusive-affordable-communities.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/building-inclusive-affordable-communities.jpeg?fit=1200%2C686&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/building-inclusive-affordable-communities.jpeg?fit=1200%2C686&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/building-inclusive-affordable-communities.jpeg?fit=1200%2C686&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":127998,"url":"https:\/\/amazingproperty.com.ng\/blog\/affordable-housing-markets-for-buyers\/","url_meta":{"origin":6351,"position":3},"title":"Affordable Housing Markets For Buyers","author":"Amazing Property","date":"October 21, 2024","format":false,"excerpt":"Finding the Most Affordable Housing Markets: A Guide for Homebuyers. Current Economic Landscape. The housing market faces significant challenges. Rising interest rates strain potential homeowners, making securing a mortgage increasingly difficult. A loan that seemed within reach yesterday might be unattainable today. Material costs pose another issue. Lumber and steel\u2026","rel":"","context":"In &quot;RealEstate&quot;","block_context":{"text":"RealEstate","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/realestate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/images\/affordable-housing-options.jpeg?fit=1200%2C686&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":130212,"url":"https:\/\/amazingproperty.com.ng\/blog\/housing-market-trends-what-you-need-to-know\/","url_meta":{"origin":6351,"position":4},"title":"Housing Market Trends: What You Need to Know","author":"Amazing Property","date":"December 27, 2025","format":false,"excerpt":"Insights into the Current Housing Market Trends. Are you looking to buy or sell a home in today's real estate market? It's crucial to stay informed about the current housing market trends to make the most informed decisions. In this article, we will provide insights into the latest trends shaping\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/investment\/"},"img":{"alt_text":"housing market trends","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2025\/12\/housing-market.jpg?fit=640%2C427&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2025\/12\/housing-market.jpg?fit=640%2C427&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2025\/12\/housing-market.jpg?fit=640%2C427&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":130127,"url":"https:\/\/amazingproperty.com.ng\/blog\/affordable-housing-in-low-income-apartments\/","url_meta":{"origin":6351,"position":5},"title":"Affordable Housing in Low-Income Apartments","author":"Amazing Property","date":"December 15, 2025","format":false,"excerpt":"Finding an Affordable Housing in Low-Income Apartments. Are you searching for affordable housing\u00a0options that fit within your budget? Look no further than low-income apartments! These types of apartments cater to individuals and families who are in need of housing assistance due to their financial situation. In this article, we will\u2026","rel":"","context":"In &quot;RealEstate&quot;","block_context":{"text":"RealEstate","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/realestate\/"},"img":{"alt_text":"low-income apartments","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2025\/12\/Affordable-home-in-low-income-apartments.jpg?fit=499%2C332&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=6351"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/6351\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/5149"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=6351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=6351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=6351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}