A 74-page document is a report that has been prepared by Monitor Company1 for the National Housing Bank to explore how to get the private sector to serve sizeable segments of low-income urban households on a purely commercial basis. This included identifying the type of housing that can be provided at market rates for these target segments and their interest in such housing, and identifying the types of industry players that may be interested in providing such housing and what may be required to get them to serve these segments. The project also includes initiating pilots that will demonstrate the feasibility and profitability of serving this market, some preliminary thinking around ways in which the Government may be able to facilitate scaling up these market-based solutions without necessarily requiring subsidies, and a potential approach to stimulating the market.
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Edited By | Saba Bilquis |