23 – 24 October 2018
The 34th Annual AUHF Conference will explore the key links in the housing financing chain: the finance instruments that support each link in the housing delivery chain, and the funding instruments that make these possible.
KEYNOTE: BUILDING UEMOA’s HOUSING FINANCE SECTOR – Key Issues for Development Attention
KEYNOTE: FROM MORTGAGE LENDING TO THE CAPITAL MARKETS – Issues along the housing financing chain
Session 1: CAPITAL LOOKING FOR OPPORTUNITIES IN AFFORDABLE HOUSING
This session will explore the landscape of housing investment in Africa, highlighting players and initiatives across the continent and exploring the drivers that bring each to this market. The presentations and panel discussions under this theme will highlight opportunities and challenges in investing in affordable housing across the continent. Presentations and panel discussions will include the following:
Session 2: FINANCING THE SUPPLY SIDE
Land, infrastructure and construction finance are in short supply across the continent, and as a result, the scale delivery of affordable housing is constrained as developers draw on their own resources or use buyer deposits to finance housing development. In most cities, limited municipal capacity undermines the provision of infrastructure for housing. This not only compromises the development itself, but also its affordability. Some developers are therefore finding alternative approaches to finance their developments. Some countries have established housing development corporations as quasi-public private partnerships to channel state and private investment into housing construction. Shelter Afrique provides a PPP approach to financing and driving housing construction in its member countries. This session will explore the finance issues that lead to getting houses on the ground.
Session 3: INNOVATION IN END USER FINANCE
Africa’s housing affordability challenge is fundamentally linked to the design and availability of end-user finance instruments. This session explores innovative end user finance instruments that seek to address particular niche markets. Presentations and panel discussions will explore both mortgage and non-mortgage finance, and critically engage with demand side parameters that need to shape the end user finance approach.
Session 4: FINANCING MASSIVE SMALL: CAN IT REACH SCALE?
The sheer size of housing backlogs across the continent suggests that any effort to address them needs to champion scale. Does a focus on scale depend on large projects, however? Initiatives across the continent are beginning to emerge that champion the concept of “massive small” – very many, small scale initiatives that address scale, together. These initiatives have the capacity to reach far down market, engage with local, niche opportunities, while still achieving the scale we so desperately need. How do we support this effort and what finance opportunities are possible? Appropriate?
Session 5: THE ROLE OF THE STATE & LOCAL GOVERNMENT IN REALISING AFFORDABLE HOUSING
Is affordable housing a public or a private affair? And if the state is involved, what role should it play? This session explores the role of the state in facilitating the delivery of housing that is truly affordable to the breadth of its population, issues of access to affordable housing finance, and the policy and regulatory issues that impact on affordability. And where is the role of local government in the delivery of affordable housing?
Session 6: MANAGING RISK
A key factor influencing investment decisions is the risk of entering this new market. Across the continent, various initiatives are beginning to quantify and address this in new and interesting ways. This session will explore the different ways in which practitioners are quantifying and managing risk as they seek to identify and leverage niche market opportunities in favour of their investment objectives.
Session 7: INNOVATION SPEED DATING / ELEVATOR PITCH
Innovations from across the African continent will be invited to pitch their idea in short sessions – we will structure this either as a speed dating session, or as a short “elevator pitch”.
25 October 2018
Site Visit: To Be confirmed