President Bola Tinubu is scheduled to kick off the construction of a significant housing project on Thursday in Karsana District, Phase 3, Federal Capital Territory.

The event marks the official launch of the Ministry of Housing and Urban Development’s Renewed Hope Cities and Estates Programme.

According to a statement on the ministry’s official X handle, the Federal Ministry of Housing and Urban Development is delighted to announce the groundbreaking ceremony for the 3,112 housing unit project site in Karsana, Abuja.

The statement reads, “His Excellency, President Bola Ahmed Tinubu, will officially launch the Ministry’s nationwide Renewed Hope Cities and Estates Programme.”

This initiative aims to deliver 1,000 housing units in each of the 36 States and 4,000 units in the Federal Capital Territory.

The commencement of the 3,112 housing unit project in Abuja is the starting point for a series of groundbreaking ceremonies at selected sites across the country as part of the Renewed Hope Cities and Estates Programme.

The Federal Ministry of Housing and Urban Development has revealed the Federal Government’s ambitious plan to bridge the housing gap by providing 5.5 million housing units nationwide over the next decade.

The Renewed Hope Cities and Estates Programme will involve collaboration between the Federal Mortgage Bank, Federal Housing Authority, and Public-Private Partnership.

Minister of Housing and Urban Development, Arc. Musa Dangiwa, has already issued Land Allocation Requests to all states, urging a minimum of 50 hectares of land close to the respective state capitals.

Some states, including Katsina, have started contributing to the initiative, with the Katsina State Government approving the release of 25 hectares, meeting half of the minimum land requirement for the Renewed Hope Cities and Estates Programme.