Publication Date: 2022/09/03
Abstract: COVID-19 has had an immediate and severe impact on low-income residents and mission-driven organizations that develop and operate housing for this population, especially affordable housing at worst. Therefore, the purpose of this study is to determine the impact of Covid 19 on affordable housing in Nigeria and the most affected housing categories. This study examines existing research on the current and potential impacts of the COVID-19 pandemic on affordable housing and the most affected housing categories, to identify cracks or gaps, fill identified gaps, and contribute to knowledge and Academics to provide additional research and contributed research. Survey results show that the construction industry and lender/investor/funder inspectors are unable to travel to construction sites to inspect projects and approve applications, as well as maintain safe spaces and distance. Some of the consequences of Covid 19 for affordable housing include slowing rental activity and traffic. While one- and twobedroom apartments are the most prevalent housing types affected by Covid-19, it is therefore recommended that the Federal Government and stakeholders work together to ensure the establishment of this fund as an intervention to support the impact of Covid-19 on the Nigerian housing sector being affected by Used wisely and effectively to mitigate or eliminate the impact of Covid-19 on the housing sector. To this end, the government should implement a new model to help developers provide affordable housing to people of all income levels in Nigeria.
Keywords: COVID-19, Effect, Affordable Housing, Nigeria.
DOI: https://doi.org/10.5281/zenodo.7045414
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT22JUL1141_(1).pdf
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