It has been brought to our notice at the Lagos State Mortgage Board(Lagoshoms) that the Story with the above stated Caption Concerning Rent-To-Own Schemes of the State government, with the sub title- Sanwo-Olu TURNS TENANTS INTO LANDLORDS WITH LASG  'RENT TO OWN' SCHEME did not and cannot emanate from our office.

Though, Mr Governor indeed has been turning Tenants into Landlords in the State through the Rent -To- Own programme where a prospective subscriber is expected to pay as low as 5% down payment of the value of his/ her home and the balance is spread over a Ten year installments. Also, details of the criteria to fulfill in order to qualify for our housing units as Stated by the writer in paragraphs 2, 3 & 4 are correct and they are as stated on our website for everyone to see.

 

 In the fifth paragraph, where the writer stated that there are 12 Housing Estates dedicated to this Schemes all over Lagos State, we at the Board will like to state categorically here that this is totally a misinformation on the part of the writer, that the 12 Estates are not just been dedicated and will be necessary here and now to state the correct and classify this information as not to misinform our yearning Lagos Residents and general public who have benefited, are benefiting and will still benefit from this laudable housing program of the State government.

 

Firstly, the recently commissioned Iponri Scheme in  Surulere by Mr Governor, Mr, Babajide Sanwo-olu was a joint venture between the State and a private sector  and renamed after a  former governor of the State, Mr, Babatunde Fashola in January this year.

 

The sir Michael Otedola Estate, Epe has been completed , subscribed and fully occupied since 2016.

 

Our contact, as stated by this writer is not correct, we are currently occupying 2nd & 3rd floors in NECA Building, CBD, Alausa, Ikeja. Though we still maintain the same phone numbers and email address.

 

Likewise CHOIS City, Agbowa, has been completely sold out and occupied since 2014.  Also, ODO ONOSA Scheme is ongoing and will soon be commissioned and delivered by Mr Governor this year.

The two Schemes of Alhaja Adetoun and Hon. Olaitan Mustapha in Ojokoro, have also been fully completed, subscribed and occupied since

 2014.

Concerning the Igando Gardens, which was renamed Alhaji Kayode Jakande Estate, commissioned by Mr Governor in September, 2019 and keys handed over on January, 31, 2020, has also been fully completed subscribed and occupied.

The Oba Adeboruwa Scheme in igbogbo was  commissioned in 2015. Thus, the newly commissioned Igbogbo IIB, and renamed after a former Deputy Governor of the State,  Chief Abiodun Ogunleye by Governor Babajide Sanwo-olu on Wednesday 24th March, 2021 is fully completed, subscribed and awaiting occupation by the successful Applicatants. 

The Sangotedo Scheme in Eti-Osa Local Government Area, is to be completed and commissioned in phases with about 744 units to be completed and commission this year. This was revealed by the Governor himself during the commissioning of Chief Abiodun Ogunleye Estate in igbogbo on 24th March, 2021.

In the same vain, the Ajara and Egan Schemes in Badagry and Alimosho Local Government respectively are on going and nearing completion.

We at the Lagos State Mortgage Board(Lagoshoms) wish to reiterate that the story which was purported to have emanated from us, did not and cannot emanate from our office and are therefore reemphasizing our committed disposition to the mandate of our amiable Governor in his quest to reducing the Housing Deficit in Lagos State through a transparent process of Rent-To- Own programme as well as making Lagos a 21st Century Economy.

For  further information, visit our website www.lagoshoms.gov.ng or pay us a visit at the 2nd and 3rd floors NECA Building, CBD, Alausa, Ikeja.

 

Igbega ipinle Eko Ajunmose gbogbo wa nio.