HOUSING CORPORATIVE SOCIETY CONSORTIUM: A VERITABLE SOURCES FOR LOW-INCOME HOUSING DELIVERY IN NIGERIA

Access to adequate and comfortable housing both in quality and quantity is fundamental to man?s need. This constitutes an essential component for human livingand has been observed as indispensable to individual?s psychological, physical, economic and social well-being. However, housing problem keep increasing in Nigeria as unaffordability problem cut across all income class especially the low-income groups, where a great percentage of this class lives in a substandard house and slums. Hence, this appears to need persistent attention through other measures irrespective of the existing housing related program. With several studies on cooperative society?s relevance towards Nigeria housing delivery system, there is limited information on the importance of cooperative societies? consortium towards low income housing delivery. This study establishes the importance of amalgamating different housing cooperative in delivering low income houses in Nigeria, through qualitative technique. Result from literatures indicates that collaborations of housing cooperative is vital in delivering low income earners? affordable housing subject to its operation in other African countries. It further maintained that such activity will stimulate less frustration attached with the search for commercial bank loan, create more social capital for members through the interchange of skills during team work, while offering more job opportunity and wealth creation.