Page 53 - Shelter - April 2023

POLICY REVIEW

Housing through Credit private partnership model. subsidies and technical
Linked Subsidy; The program provides assistance to developers to
subsidies and technical build affordable housing
• Affordable Housing in assistance to developers to units. The program has been
Partnership with Public build affordable housing successful in reducing housing
& Private sectors;and units. The program has been deficits and improving the
• Subsidy for Beneficiary- successful in improving the living conditions of low-
Led individual quality of housing for low- income families.
house construction / income families. Global and Indian case
enhancement. Singapore: The Singapore studies provide examples
government’s Home of successful affordable
AFFORDABLE Ownership Program housing programs that
HOUSING FINANCE
provides affordable housing can be replicated in other
Affordable housing finance to Singaporeans through a countries and regions. The
is essential for promoting combination of subsidized Minha Casa Minha Vida
sustainable and inclusive housing and public rental program in Brazil has
housing. However, access flats. The program has been provided affordable housing
to finance remains a successful in promoting to millions of low-income
significant barrier for low- homeownership and reducing families through a public-
income families. The best inequality. private partnership model.
policies and practices for India: The Ahmedabad Slum The Baan Mankong program
affordable housing finance in Thailand has provided
include innovative financing Networking Project (ASNP) is secure tenure and improved
a collaborative effort between
mechanisms, such as the Ahmedabad Municipal housing infrastructure to
microfinance and community- Corporation, NGOs, and the slum dwellers through a
based finance, and public- private sector to improve community-driven approach.
private partnerships. The Women’s Habitat Network
the living conditions of slum in Kenya has provided
INNOVATIVE dwellers in Ahmedabad, training and employment
HOUSING PROGRAMS India. The project provides opportunities to women in
basic infrastructure, such construction and housing-
Innovative housing programs as water supply, sanitation, related industries.The
should focus on the and street lighting, to slum program has been successful
integration of education, skill areas. It also provides in promoting women’s
development, mason training, affordable housing units to economic empowerment
women empowerment, eligible families through a and improving the quality
gender issues, and access to community-driven approach. of construction in housing
finance and credit. Here are projects
some examples of global and Brazil: The Brazilian
Indian case studies: government’s Minha Casa These examples also reinforce
Minha Vida (My House My the fact that affordable housing
Mexico: The Mexican Life) program aims to provide is critical for promoting
government’s Social Housing affordable housing to low- sustainable development
Program provides affordable income families through a and addressing poverty and
housing to low-income public-private partnership inequality. Governments
families through a public- model. The program provides and NGOs should focus

April, 2023, Volume 24. No.1 - SHELTER 51