Page 17 - SHELTER
P. 17
THEME PAPER
Self-Reliant; (ix) Cities require Policy, 2015 with a vision to Multi-Pronged Approach
Clear, Unified Leadership; create a vibrant, sustainable and Both demand and supply-
and (x) Cities as Engines of inclusive rental housing market side interventions need to
Regional Growth. Secondly, in India. The NRHP, 2015 aims be combined. Supply-side
the ten sutras are applied to ten to encourage rental housing to interventions, with a view
functional areas or pillars of various segments of incomes and that government-provided
urban space and management as suiting their needs such as Social public housing would serve the
demonstrated in Figure 1. These Rental Housing; Need-based housing needs of people, are not
ten pillars are: Urban Economy; Rental Housing; and Market- adequate. Experience suggests
Physical Infrastructure; Social Driven Rental Housing. It also that demand-side interventions
Infrastructure; Housing and envisages addressing other also are required. The United
Affordability; Transportation issues related to rental housing States provides a good example
and Mobility; Urban Planning such as access to finance/ of having a good mix of both
and Design; Urban Finance; incentives, administrative, legal supply and demand-side
Urban Governance; Urbanization and regulatory issues. The Policy interventions. The on-demand
and Information System; and seeks to promote various types side, they have Housing
Environmental Sustainability. of public-private partnerships Vouchers, which are primary
Within each functional area, the to promote rental housing in methods of subsidized housing
status quo and its challenges the country. The NURHP, 2015 delivery in the United States.
are analyzed, key priorities are will address both the demand Through the voucher system,
formulated, and specific possible and supply side issues of rental direct-to-landlord payments
actions points suggested. housing to spur the growth of assist eligible households in
The vision underpinning NUPF rental housing. Formulation of covering the gap between
2018 is to see cities as complex the draft National Urban Rental market rents and incomes.
and changing agglomerations Housing policy is very timely Low-income households put
of people who are constantly and indicative of the recognition 30 percent of their income as a
interacting with each other, with of the need for rental housing rental. On the supply side USA
socio-economic institutions and as also the realization of the practices inclusive zoning (IZ)
with the built environment. The inadequacy of existing policy and inclusionary housing (IH)
NUPF recognizes that the urban framework to respond to this systems where the government
evolution takes place slowly need. provides fiscal incentives to
but, once embedded, its impact SOME SUGGESTIONS: developers developing large
can remain in place for decades INCLUSIONARY scale real estates by way of
or even centuries. Therefore, density bonus, a tax credit
this Policy framework would ZONING AND against expenses made on rental
go a long way for sustainable INCLUSIONARY housing, etc. to create affordable
urbanisation in the country. HOUSING housing through the market
Draft National Urban Rental The following are some key (Calavita and Mallach, 2010).
Housing Policy (NURHP), 2015 strategies suggested to address Such instruments are required
the affordable housing problem to be tailored to the local context
The Ministry of Housing & Urban in India, taking into account to be successful. Since private
Poverty Alleviation (MoHUPA), international initiatives and investors do not come forward
Government of India has drafted approaches: for social housing or rental
a National Urban Rental Housing housing, the state has to play a
October 2020 Volume 21 No. 2-SHELTER 15
