Anambra State government may have secured an Estate Development loan of N500 million for the state's National Housing Fund Intervention Scheme recently flagged off by Governor Peter Obi in May, 2007.

The Managing Director of the State Housing Development Corporation, Arc. Mike Nwafor who disclosed this recently when the governor commissioned the headquarters of the Housing Development Corporation, saying the corporation operated from a rented apartment since 1991.

He said the corporation would use the amount to aggressively purse the development of housing at Mgbakwu, Ngozika and Amansea Estates, Liberation Estate Nawfia/Enugu Agidi.
He thanked the governor for his commitment to housing, adding: “It is with utmost sincerity that I observe that the commissioning and dedication of this complex today marks the beginning of a new housing development corporation for Anambra State .” He said the corporation would double its efforts towards the realisation of the housing target of Obi in the spirit of Anambra Integrated Development Strategy.
Arc. Nwafor said that Governor Obi had turned the corporation from unproductivity to productivity and pledged for increased productivity.

Chairman of Anambra State House Committee in Housing, Mr. J.C. Okeke commended Governor Obi for building a befitting headquarters for the corporation since the creation of the state. He said that by starting and completing the house, Obi had moved away from the culture of abandonment of projects.
Commissioning the project, Governor Obi attributed the successful completion of the headquarters of Anambra State Housing Development Corporation to the faithfulness of his administration to the State Integrated Development Programme.

The governor said he was disappointed on becoming the governor to be told that the corporation operated from a rented apartment since the creation of the state and wondered how it would win people and institution’s confidence as a corporation saddled with the provision of mass housing. “With this discovery, I immediately resolved that the corporation will build its own house.”

Speaking at the occasion, the Speaker of Anambra State House of Assembly, Hon. Anayo Nebe said that the people of the state were impressed by the manner the governor was building some structures in the state, almost from scratch due to the failure to provide them in the past. He assured of the support of the House in the task of rebuilding the state.