The Ministry of Construction in Myanmar is all set to make houses affordable for the lower tier of the country’s wage earners, by ensuring that it provides loans to the people for purchasing houses. This is directed at the people at the ‘grassroots’ level, putting in place a monthly repayment […]
Ms Amal Pepple, minister of lands, housing and urban development has instructed private builders to dedicate at least 15 per cent of all housing projects to low income earners. Read more here.
A new housing microfinance fund – the New Urban Finance Facility for Africa (NUFF) is planning to invest an amount of US$100 million in housing for urban Africa, across four countries – Kenya, Ghana, Tanzania and Uganda. This fund will develop programmes for affordable housing real estate development, besides lending […]
Element Capital, real estate focused private equity firm is in the process of creating a fund worth as much as US$1 billion which will be solely dedicated to investment in low cost houses. This fund is called the Element Value Housing Fund. Read more here.
Housing Finance, the leading mortgage provider bank in Kenya is to invest a sum of US$2.1 million or KES 186 million in joint project with a land owner in Riruta, to contrast as many as 328 flats. These houses will be priced low to make costs of housing affordable for […]
The Government of Ethiopia, through the Ministry of Urban Development & Construction (MoUDC) has partnered with real estate developers in the country for a PPP project, wherein the government will subsidise prices of land, while developers will being in technology and investment. This effort is towards preparing an integrated urban […]
The credit limit of loans available to the urban poor in India may be raised, in combination with low cost housing receiving infra status, according to experts speculating the new Union Budget for 2013-14, to be presented by the finance minister of India soon. Read more here and here.
Less than 50 per cent of the revised number of dwelling units to be created – some 5443, have been constructed, even as six years since the start of the JNNURM (Jawaharlal Nehru Urban Renewal Mission) funded BSUP (Basic Services for the Poor) have gone by. Contractors commissioned for this […]
The Indian government is planning to lay down separate electricity lines to provide uninterrupted power lines for the purposes of agriculture. The Central Electricity Authority (CEA) in India has already started collecting data to prepare an initial report on power consumption level and estimated expenditure. Read more here.
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06 Key Lessons for informing policy decisions: Mainstreaming tribal-specific climate adaptive capacities in vulnerable coastal regions within National Action Plan on Climate Change
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