PenCom’s RSA Mortgage Financing Will Reduce N21trn Housing Funding Gap- PenoP

The Pension Fund Operators Association of Nigeria (PenoP) has revealed that the housing deficit estimated at about 28 million will be reduced through mortgage financing.

PenoP said the process will be implemented through the National Pension Commission policy by using 25 per cent of the Retirement Savings Account (RSA) balance for the mortgage.