DIG will continue to further housing finance for the poor despite HFP program close
Through the HFP program, DIG examined the most scalable, replicable, and sustainable approaches to delivering shelter finance to the poor while catalyzing the poor’s access to housing finance solutions. Over the course of three years, we provided microfinance institutions (MFIs) and financial institutions worldwide with targeted trainings, technical assistance, guarantees, strategic planning and product design. These activities have led to expanded markets for commercial finance institutions, new and more effective products for microfinance organizations, greater understanding for policy-makers, and improved living standards for poor communities. In total, we trained individuals from over 230 institutions worldwide. These institutions have disbursed thousands of housing loans as a direct result of this assistance, making significant strides towards taking housing microfinance to scale at a global level.
Our learning-based approach resulted in knowledge gained and lessons learned to prioritize future investment and efforts towards the promotion of housing finance for the poor. Although the HFP program has come to an official close, we will continue to share these lessons with global HFP practitioners on this site. Additionally, we plan to publish a book,
Housing Finance for the Poor: A Guide to Practice, through Kumarian Press in early 2011. The book will highlight the most successful approaches for housing finance for the poor – the optimal institutions, products, markets and contexts – as well as the pitfalls and cautionary tales of less advantageous approaches. It is our hope that the blueprint will not only stimulate increased investment in housing finance for the poor, but in the right places, at the right time, and with the right types of institutions.