Ver Angola

Real Estate

President of FFH announces that the 85 thousand houses of the 24 centralities of the country are all sold

Hermenegildo Gaspar, president of the Housing Development Fund (FFH), made it known that the houses in the country's central areas, out of a total of 85,000 homes spread across the country's 24 housing projects, have all been sold.


The official – who was speaking last Friday during a meeting between the Minister of Finance, Vera Daves, and journalists – said that currently for Luanda, the fund no longer has any homes for sale, adding that procedures are being finalized of deliveries, which started in 2016.

Although he did not mention the number of homes to be delivered, Hermenegildo Gaspar made it known that deliveries are currently taking place in Luanda (Zango 0) and Bengo (Centralidade do Kapari), whose grants that are in progress are intended for candidates registered in 2016, writes Angop.

Cited by Angop, the FFH president said that the entity he directs has pending the delivery of some houses in the Centrality of Lubango, located in Huíla province, as well as a total of 2000 houses in the Centrality of Bailundo (Huambo).

Two centralities in Cabinda and Bengo are currently at the completion stage, with the building procedures being under the responsibility of the Ministry of Public Works, Urbanism and Housing, refers Angop, who adds that the building of housing projects is also expected in Malanje, Cuanza Sul and Cuando Cubango.

More than half of the residents of the centralities of Kilamba and Sequele in default with rent payments

The official informed that approximately 65 percent of the residents of the centralities of Kilamba and Sequele are in default with regard to the payment of resolvable rent. "We have two critical problems that have to do with the centralities of Kilamba and Sequele: they are the most critical for us in terms of default", he said, quoted by Angop.

This debt – according to the official, cited by Angop – will lead the FFH to launch, this month, a campaign aimed at recovering the resolvable rents of these two centralities.

With regard to other housing projects in the country, the president of the FFH said that non-compliance is around 45 percent.

According to the official, preparations are being made to initially sensitize the inhabitants and, after that stage, they will move to a more repressive method, but he did not mention possible evictions. "We already have the approval of the Ministers of Finance and of Public Works, Urbanism and Housing to start with the credit recovery campaign", he indicated.

Hermenegildo Gaspar referred that the debt amounts to high amounts, without specifying how much, which are necessary for the construction of other houses, exemplifying that the fund needs to settle contractors' invoices in amounts exceeding 15 billion kwanzas, writes Angop.

Thus, he considered that if they managed to "recover this money" they would not have "big problems paying these contractors".

Among other problems, he also mentioned the houses that were delivered and appear to be uninhabited and the vandalization of residences.

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