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AIMS AND
OBJECTIVES |
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| The African Union for Housing
Finance (AUHF) is: - |
| An association of 27 mortgage
banks, building societies, housing corporations and other
organisations involved in the mobilisation of funds for
shelter and housing, in 15 countries on the continent of
Africa. |
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| The aims and objectives of the
African Union for Housing Finance are, broadly: - |
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Develop the institutional capacity of its members to enable them to
effectively participate in addressing housing finance challenges
on the continent
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Through the member institutions engage with their Governments
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Position the Union as a key point of reference in housing finance
matters on the continent.
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Secure sustainable resources to meet and implement the objectives and
implement the plans of the Union
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Develop partnerships with other appropriate regional and continental
bodies on the African continent.
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Given that the
regulatory environments in many African countries are not appropriate for
mortgage finance. Even in
those countries where the environment is conducive, mortgage financiers of
service that sector of the population that can afford mortgage finance. The African Union for Housing Finance is thus actively seeking ways
to incorporate and assist, among others, informal sector lenders, such as
community banks, peoples’ banks, saving associations and credit unions to
participate in the housing finance market. |
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Individual housing finance institutions, as well as associations
representing such institutions are eligible for membership of the African
Union for Housing Finance. It
is not a condition of membership that individual housing finance
institutions need to belong to an association to be members in their own
right.
In Zimbabwe, we started with one membership from the Association
only, but the individual members of the Association decided to take out
separate memberships in order to have their own vote and to strengthen the
financial position of the African Union for Housing Finance. |
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