The deal between the Nigeria Mortgage Refinance Company (NMRC) and Modern Shelter Systems and Services Limited (Modern Shelter), will tackle barriers such as equity contribution constraints, access to mortgage loans and delivery of qualitative and affordable housing. He added that it has partnered and works closely with reputable developers to ensure availability of good and affordable housing stock for clients of different income brackets. The Chairman of Modern Shelter, Mr. Adebola Sheidu who is also Chairman of Brains & Hammers, noted that the MoU and engagement would tie in with the proposed delivery of various projects by Brains & Hammers. The company is working to deliver over 5,000 housing units over a five-year period across key states in Nigeria. He assured of Brains & Hammers capacity to deliver the housing stock needed to fuel this partnership.

Source: The Guardian January 29, 2018 03:33 UTC