Transcript Regional Project on Pro Poor Housing Finance in Asia

Regional Project on Pro Poor
Housing Finance in Asia- Pacific
A Compendium of Select Countries
Conclusions and Recommendations
By
Zaigham Mahmood Rizvi
April 20, 2010 Delhi
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Recommendations:
• Creation of an Affordable Housing Fund
• Channeling Loans through Community Savings
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Groups
Strengthening of Laws related to Recovery of
Loans
Need for Exclusive and Intermediate Institutions
Need for continuous Dialogue and Dissemination
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Recommendations Contd.
Risk Mitigants:
# Credit Guarantee Programs, Mortgage Insurance
# Title Insurance
# Credit Bureaus
# Alternative Forms of Collaterals
# Mortgage Counseling and Consumer
Education
# Technical Assistance for
Low cost construction Technologies and,
Construction Materials
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Need to share common wisdom
and experience
• Issues are common, answers are different
• experiences are varied, very little documented
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and nil shared
Low Cost Construction Technologies
Low Cost Construction Material
Builders with technical and financial muscle
Promote Networking and Joint Ventures
Long Term Funding, issues and answers
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Need to share common wisdom
and experience Contd.
• Product innovation and experiences
• Policy Initiatives and Programs in different
countries
• Provision of Affordable Serviced Land, and
Land Banking
• Housing Micro-Finance Institutions
• Use and Abuse of Subsidies ( Smart
Subsidies vs Charities)
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Pro Poor Housing
• Issues we know Answers we need
• The Pro Poor Housing Initiative will lead us to
answers
Thanks to:
UN-ESCAP, UN-HABITAT, NHB, GHB, and everyone
here contributing to this initiative
Asia- Pacific Union for Housing Finance
will be the Delivery Platform
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Thanks
[email protected]
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