PRESENTATION TO UK-LIBERIA INVESTMENT FORUM Samuel W. Thompson - - PowerPoint PPT Presentation
PRESENTATION TO UK-LIBERIA INVESTMENT FORUM Samuel W. Thompson - - PowerPoint PPT Presentation
PRESENTATION TO UK-LIBERIA INVESTMENT FORUM Samuel W. Thompson Managing Director September 14, 2012 ROLE OF NHA IN DEVELOPING THE LIBERIAN HOUSING SECTOR Land Acquisition Provide Title Free Land Support Planned Urbanization
- Land Acquisition – Provide Title Free Land
- Support Planned Urbanization Nationwide
- Foster Public Private Partnerships For Housing
Development
- Provide Investment Incentives For Affordable
Housing Per NHA Act and NIC Guidelines
- Facilitate Mortgage Finance System/Institutions
- Develop National Housing & Urbanization
Policy
ROLE OF NHA IN DEVELOPING THE LIBERIAN HOUSING SECTOR
NATIONAL HOUSING AUTHORITY 9/19/2012 2
HOUSING STRATEGY (VISION 2030)
- Strong Support For Decentralization And Sustainable
Urbanization In Growth Corridors/Admin. Centers
- Decongest Monrovia Via Better Alternatives
- Encourage Home Ownership By Access To Flexible
Mortgage Finance
- Better Regulate Housing Sector (E.g., Zoning,
Investment Incentives, Etc.)
- Move Towards Mortgage Backed Securities
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4 NATIONAL HOUSING AUTHORITY 9/19/2012
DECENTRALIZATION AND GROWTH CORRIDOR SETTLEMENTS
Mittal Steel
Firestone China Union
Sime Darby Western Cluster
Putu Iron Ore
- G. Veroleum
Mittal Steel
SIFCOM Rubber Decoris Oil Palm Logistics Port Food & Cash Crops X- Border Trade X- Border Trade
Seaport
Tourism
Seaport
NATIONAL HOUSING AUTHORITY
- 1. Lifts Liberians Up Via Economic Justice Of Improved
Housing And Lifestyles
- 2. Mass Market Opportunity Focusing On Home
Ownership And Services
- 3. Major Engine Of Economic Growth And Job Creation
- 4. Contributes To Stable Future By Showing Dividends
Of Large FDI Inflows
- 5. Supports M. Term Securities Market Development
WHY INVEST IN HOUSING?
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- 1. Planned Development: Monrovia &
Other Growth Corridor Settlements
- 2. Urban Revitalization And Re-zoning
- 3. Nationwide Urban Hubs
- 4. Sites And Services Programs
- 5. Tourism And Leisure Services
- 6. Financial Services
HOUSING RELATED INVESTMENT OPPORTUNITIES
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URBAN PLANNING: ST. PAUL RIVER TO PO RIVER COMMUNITY
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NATIONAL HOUSING AUTHORITY
SOME URBAN PLANNING SITES ON GROWTH CORRIDORS
NEW BUCHANAN - 3 SQ. MILES
- NEW KAKATA 4.2 SQ MILES
NEW KAKATA 4.2 SQ MILES
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TUBMANBURG
DU RIVER DEVELOPMENT
NATIONAL HOUSING AUTHORITY
MORE URBAN PLANNING SITES
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NATIONAL HOUSING AUTHORITY
REVITALIZATION OF MESURADO RIVER FRONT
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MESURADO RIVERFRONT
MESURADO RIVERFRONT - MONROVIA
ABIDJAN RIVERFRONT
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NATIONAL HOUSING AUTHORITY
MESURADO RIVERFRONT: WEST POINT COMMUNITY REVITALIZATION
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MESURADO RIVER FRONT
WEST POINT RIVER VIEW JARDIM SÃO FRANCISCO SLUM RENEWAL - BRAZIL
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NATIONAL HOUSING AUTHORITY
- Better Interagency Collaboration Within GOL
- Technical Assistance In Urban Governance,
Urban Planning And Project Development From UN Habitat
- Seeking Soft Funding For Sites & Services
Infrastructure And Re-zoning
- Subsidies For Low Income Housing Via CSR
- Sourcing L. Term Funding (Shelter Afrique & US
OPIC) For More Flexible Mortgage System
ADDRESSING CONSTRAINTS
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NATIONAL HOUSING AUTHORITY
10 20 30 40 50 60 70 80 USA SWE SA CHILE CHI MEX IND BRA RWA UG GHA
SOURCE: Dr. Monica Hjeds Löfmark, Growth, Housing Finance & Land Administration Chain, National Housing Credit Guarantee Board (BKN), Sweden, 2010 NATIONAL HOUSING AUTHORITY
Formal Mortgages, % of GDP
HOUSING & ECONOMIC DEVELOPMENT
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NATIONAL HOUSING AUTHORITY
THANK YOU. QUESTIONS & COMMENTS
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