National Housing Finance Corporation Limited

Overview

The mission of the National Housing Finance Corporation SOC Ltd (NHFC) is to provide innovative and affordable housing finance solutions to the low-to-middle income housing market.

The Corporation’s strategic objectives are to: expand housing finance activities, through the effective provision of housing finance solutions, thus enabling low-to-middle income households to have the choice of renting or owning, or incrementally building, to meet their housing needs; facilitate the increased and sustained lending by financial institutions to the affordable housing market; mobilise funding into the human settlement space, on a sustainable basis, in partnership with the broadest range of institutions; conduct the business activities of the NHFC in a manner that ensures the continued economic sustainability of the NHFC, while promoting lasting social, ethical and environmental development; and stimulate the low-to-middle income housing sector, by providing robust, relevant and timely research and market analysis to practitioners and housing customers.

On 1 October 2019, the National Urban Reconstruction and Housing Agency (NURCHA) and the Rural Housing Loan Fund (RHLF) were merged into the National Housing Finance Corporation SOC Ltd (NHFC).