Advisory Center for Affordable Settlements & Housing

acash

Advisory Center for Affordable Settlements and Housing
ACASH

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Document TypeGeneral
Publish Date22/02/2020
Author
Published ByThe World Bank
Edited ByArslan Hassan
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HOUSING SOLUTIONS FOR LOW INCOME URBAN COMMUNITIES IN RWANDA

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Document Type:General
Publish Date:February 22, 2020
Primary Author:The World Bank
Edited By:Arsalan Hasan
Published By:The World Bank

Affordable housing is an important policy agenda in Rwanda, where housing challenges are serious. A wide gap between housing supply and demand approximately 1,000 units supplied by professional developers versus 15,000 new units needed in 2017  is exacerbated by a huge affordability gap. In Kigali, the lowest price of a developer-built housing unit is around US$20,000. This is far out of the range of the bottom 50 percent of the income group, who can only afford to rent a unit priced below US$12,000. That is, at least half of the residents in Kigali currently cannot access formal housing options.

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