Low Income Shelter Finance in Slum Upgrading

Brief

Low Income Shelter Finance in Slum Upgrading

October 2, 2009

Abstract

This report summarizes findings from the USAID-sponsored project on models of financing for slum upgrading in India, undertaken on behalf of SPARC, a prominent NGO involved in slum upgrading in India and internationally for over two decades, and the National Housing Bank of India (NHB), one of whose main goals is enhancing housing finance for low-income households. In preparing the recommendations, the Urban Institute and SDS India have worked together with USAID and an Advisory Group formed for this project. In addition to SPARC and NHB, the Advisory Group includes banks, housing finance companies (HFCs), foundations, microfinance institutions (MFIs), builders, and Indian research institutions addressing shelter and microfinance.

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