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  • Defining The Outlook of The Corporation: Housing Portfolio Committee Presentation 13 APRIL 2005

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    This document provides an overview of the Housing Portfolio Committee presentation on April 13, 2005. It discusses opportunities to meet the rising demand for housing through direct and indirect means, while leveraging government resources and deepening access to affordable financing options. Several financing models are considered, including dedicated banks, cooperative partnerships, and refinancing options, with acknowledgement that any selected option would have cost implications for the government. The document then reviews the NHFC mandate, various housing and financial institutions, and existing laws and regulations to determine the appropriate approaches to achieve lending and facilitation goals.

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    This document provides an overview of the Housing Portfolio Committee presentation on April 13, 2005. It discusses opportunities to meet the rising demand for housing through direct and indirect means, while leveraging government resources and deepening access to affordable financing options. Several financing models are considered, including dedicated banks, cooperative partnerships, and refinancing options, with acknowledgement that any selected option would have cost implications for the government. The document then reviews the NHFC mandate, various housing and financial institutions, and existing laws and regulations to determine the appropriate approaches to achieve lending and facilitation goals.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
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    6 views10 pages

    Defining The Outlook of The Corporation: Housing Portfolio Committee Presentation 13 APRIL 2005

    Uploaded by

    Patel Deep
    This document provides an overview of the Housing Portfolio Committee presentation on April 13, 2005. It discusses opportunities to meet the rising demand for housing through direct and indirect means, while leveraging government resources and deepening access to affordable financing options. Several financing models are considered, including dedicated banks, cooperative partnerships, and refinancing options, with acknowledgement that any selected option would have cost implications for the government. The document then reviews the NHFC mandate, various housing and financial institutions, and existing laws and regulations to determine the appropriate approaches to achieve lending and facilitation goals.

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    Download as PPT, PDF, TXT or read online from Scribd
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    DEFINING THE OUTLOOK OF THE Corporation

    HOUSING PORTFOLIO COMMITTEE PRESENTATION 13 APRIL 2005

    Opportunities and Prospects


    To meet and satisfy the rising demand/needs for decent housing/shelters in the target sector by direct means To optimise government resources in leveraging housing finance; To deepen access to finance to lower end of the market. Additional financing capacity thru Dedicated Banks and Co-operative - partnerships? Refinancing?/ Bridging loans? ANY OPTION SELECTED WILL HAVE COST IMPLICATIONS ON GOVERNMENT.

    Summary Market Context


    NHFC Mandate

    Job Summit
    Financial Services Charter Dedicated Banks

    Co-Operative Banks
    Retail Lenders and Social Housing Institutions Other Housing Agencies

    Existing Laws and Regulation PFMA vs. Banks Act; HLMDA; Resbank.
    Appropriateness to achieve lending and facilitation

    Mandate (current objects)


    To support engagement of the banking sector in the target market To undertake funding as a wholesale intermediary

    To underwrite wholesale funds to retail intermediaries

    NHFC Mandate (current objects)


    To undertake proactive programmes aimed at building capacity at the retail level To identify, assess, price, monitor and manage risks associated with placements of wholesale funds with retail intermediaries.

    Outlook of the Corporation

    Financing Direct and Indirect


    Supporting integrated housing development

    Facilitation
    Underwriting funding
    Guarantees Brokering for Issues of shares All matters incidental

    Investments Subsidy Mobilisation Providing liquidity support for housing and housing finance Undertake research Warehousing land and property for housing development

    Government Agent
    Manage and mobilise grant funding and other special deposits Promote and support govt. priority projects/programmes Advice and assist with overall housing policy to promote the growth of housing and housing finance institutions

    Technical Assistance
    For Delivery of housing and housing finance Training to ensure sustainability of programmes and sector development Promote, establish and support creation of technical competence and capacity in institutions e.g.
    Establish technical assistance funds Partnerships

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