It was learnt that the plan reached by 35 active members of AUHF, was aimed at tackling shortage in housing finance, seen as the most critical issue facing housing markets worldwide, whether in established or emerging market. These measures, as well as explicit attention to local long-term capital (pension funds, institutional investors) will further stimulate investment and the availability of affordable housing finance. African countries are to support the affordable housing delivery process through enabling or otherwise incentivising the supply of well-located land and bulk infrastructure. The Declaration gave explicit emphasis to the need for an affordable green standard that addresses local climate-related and urbanisation pressures in relation to affordable housing. Furthermore, the declaration urged the Development Finance Institution (DFI) sector to invest in the development of the information infrastructure necessary for investment affordable housing.

Source: The Guardian December 30, 2019 02:15 UTC