An appropriate structure for the release of housing finance during informal settlement intervention : lessons from three continents

Abstract :

The capital subsidy was introduced in South Africa as a way of ensuring that the poor access shelter. Researchers and commentators have highlighted inadequacies within this subsidy system, particularly as it relates to informal settlements. It was designed to reduce the housing deficit at the time and never considered the unique needs and contexts of informal settlements. This literature review, examines subsidy models, micro-credit schemes and the macro-economic contexts under which they have evolved, in order to provide lessons for South Africa. The author unpacks experiences from three continents (Asia – India, Africa – Kenya, South America – Brazil). NGOs, and social movements in India and Brazil have interacted with governments and out of this process, better targeted and cost effective subsidies were developed. In Kenya, severe fiscal and macro-economic constraints have severely hampered the ability of the urban poor to access adequate housing. Finally, the author concludes by forwarding recommendations that are drawn from these lessons.



Author Mali MH
Date Accessioned 2016-09-22T11:20:46Z
Date Available 2016-09-22T11:20:46Z
Date Created
Identifier URL 2003
Language English
Subject 2
Alternative Title
Degree Type Masters degree
Degree Description  MSc