Egypt - Next Step Recommendations for Affordable Housing Policy and the National Housing Program : Mortgaged-Linked Subsidies and Housing Supply considerations

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collection.link.93
https://openknowledge.worldbank.org/handle/10986/2201
collection.name.93
Other Urban Study
dc.contributor.author
World Bank
dc.date.accessioned
2012-06-13T21:12:18Z
dc.date.available
2012-06-13T21:12:18Z
dc.date.issued
2008-06
dc.description.abstract
At the request of the Government of Egypt (GOE), the objective of this brief note is to provide concise recommendations on next steps for the National Housing Program (NHP). These recommendations and policy analysis are an elaboration of the framework for housing policy reform in urban areas in Egypt, a draft of which was endorsed by the Ministry of Housing, Utilities and Urban Development (MHUUD) and the Ministry of Investment (MOI) in the high-level policy workshop held in September 2007. The Framework, an evolving strategy building blocks document, proposed a set of comprehensive housing sector reforms and improvements to the NHP consisting of five action channels - unlocking the vacant housing stock, creating a fluid rental market, enhancing affordability through improved access to housing finance and reduction of formal housing supply cost, improved targeting of subsidies, and transforming the government's role into an enabler of the housing market. During the Ministerial workshop in September 2007, it was agreed that the four priority actions were: (i) the design and implementation of a housing information system; (ii) mainstreaming the use of demand-based mortgage-linked subsidy instruments; (iii) set up of a high-level housing policymaking body to coordinate and rationalize the interventions of the different concerned stakeholders; and (iv) expansion of the Housing Demand Study to other areas of Egypt. United States Agency for International Development or USAID Second Technical Assistance for Policy Reform, or TAPRII has completed the design of the housing information system and has made significant progress in the expansion of the housing demand survey. The World Bank's technical assistance to the GOE, reflected in this note and follow up work, focused on strengthening the housing policymaking process and subsidy policy and expanding the mortgage linked subsidy program.
en
dc.identifier.uri
http://hdl.handle.net/10986/7956
dc.language
English
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCESS TO MORTGAGE
dc.subject
ACCOUNTING
dc.subject
AFFORDABILITY
dc.subject
AFFORDABLE HOUSING
dc.subject
AFFORDABLE HOUSING LOAN
dc.subject
BALANCE SHEETS
dc.subject
BENEFICIARIES
dc.subject
BENEFICIARY
dc.subject
BORROWING
dc.subject
BROKER
dc.subject
BUILDING CODES
dc.subject
BUILDING INDUSTRY
dc.subject
CAPITAL GAINS
dc.subject
CAPITAL RETURNS
dc.subject
CASH PAYMENT
dc.subject
CENTRAL BANK
dc.subject
CENTRAL BANK OF EGYPT
dc.subject
COLLATERAL
dc.subject
CONCESSIONARY RATES
dc.subject
CONTRACTUAL SAVINGS
dc.subject
COOPERATIVES
dc.subject
CORPORATE GOVERNANCE
dc.subject
COST OF HOUSING
dc.subject
CREDIT POLICY
dc.subject
CREDIT PRODUCT
dc.subject
CREDIT RISK
dc.subject
CREDITS
dc.subject
CURRENCY
dc.subject
DECENTRALIZATION
dc.subject
DEMOGRAPHIC
dc.subject
DEPOSIT
dc.subject
DESCRIPTION
dc.subject
DEVELOPMENT BANK
dc.subject
DISABLED
dc.subject
DIVERSIFICATION
dc.subject
DOWN PAYMENT
dc.subject
DOWN PAYMENTS
dc.subject
EARNINGS
dc.subject
ECONOMIES OF SCALE
dc.subject
ELIGIBILITY CRITERIA
dc.subject
ELIGIBLE BORROWERS
dc.subject
EMPLOYMENT
dc.subject
ENDOWMENTS
dc.subject
ENTREPRENEUR
dc.subject
EQUITABLE ACCESS
dc.subject
ESCROW ACCOUNT
dc.subject
EVICTION
dc.subject
EXCHANGE RATE
dc.subject
EXPOSURE
dc.subject
FACILITATION
dc.subject
FAMILIES
dc.subject
FEMALE
dc.subject
FINANCE COMPANIES
dc.subject
FINANCE COMPANY
dc.subject
FINANCES
dc.subject
FINANCIAL ADVISOR
dc.subject
FINANCIAL ASSISTANCE
dc.subject
FINANCIAL BURDEN
dc.subject
FINANCIAL CAPACITY
dc.subject
FINANCIAL COST
dc.subject
FINANCIAL INSTITUTIONS
dc.subject
FINANCIAL MANAGEMENT
dc.subject
FINANCIAL SERVICES
dc.subject
FIXED RATE
dc.subject
FIXED RATE LOANS
dc.subject
FLOW OF FUNDS
dc.subject
GOVERNMENT HOUSING
dc.subject
GOVERNMENT SUBSIDY
dc.subject
GRACE PERIOD
dc.subject
GREATER ACCESS
dc.subject
HARMONIZATION
dc.subject
HOLDING
dc.subject
HOLDING COMPANY
dc.subject
HOME IMPROVEMENTS
dc.subject
HOME OWNERSHIP
dc.subject
HOMEOWNERSHIP
dc.subject
HOMES
dc.subject
HOUSEHOLD ACCESS
dc.subject
HOUSEHOLD INCOME
dc.subject
HOUSEHOLDS
dc.subject
HOUSES
dc.subject
HOUSING AFFORDABILITY
dc.subject
HOUSING DEMAND
dc.subject
HOUSING DEVELOPMENT
dc.subject
HOUSING FINANCE
dc.subject
HOUSING MARKET
dc.subject
HOUSING MARKETS
dc.subject
HOUSING NEEDS
dc.subject
HOUSING POLICY
dc.subject
HOUSING PROGRAMS
dc.subject
HOUSING SUBSIDIES
dc.subject
HOUSING SUBSIDY
dc.subject
HOUSING SUPPLY
dc.subject
HOUSING UNITS
dc.subject
IMPLEMENTATION STRATEGIES
dc.subject
INCOME GROUPS
dc.subject
INCOMES
dc.subject
INFLATION
dc.subject
INFLATIONARY EXPECTATIONS
dc.subject
INFORMAL HOUSING
dc.subject
INFORMAL SETTLEMENTS
dc.subject
INFORMATION SYSTEM
dc.subject
INSTALLMENT
dc.subject
INSTALLMENTS
dc.subject
INSTRUMENT
dc.subject
INSURANCE PREMIUMS
dc.subject
INTEREST RATE
dc.subject
INTEREST RATES
dc.subject
INTERNATIONAL DEVELOPMENT
dc.subject
INTERVENTION
dc.subject
INTERVENTIONS
dc.subject
INVESTMENT BANK
dc.subject
LAND DEVELOPMENT
dc.subject
LAND HOLDINGS
dc.subject
LAND ISSUES
dc.subject
LAND MARKET
dc.subject
LAND PARCELS
dc.subject
LAND PRICES
dc.subject
LAND PRICING
dc.subject
LAND USE
dc.subject
LAWS
dc.subject
LENDERS
dc.subject
LIVING CONDITIONS
dc.subject
LOAN AMOUNT
dc.subject
LOAN AMOUNTS
dc.subject
LOAN PRODUCTS
dc.subject
LOAN SIZE
dc.subject
LONG-TERM MORTGAGE
dc.subject
LOW-INCOME FAMILIES
dc.subject
MARKET CONDITIONS
dc.subject
MARKET CONSTRAINTS
dc.subject
MARKET DEVELOPMENT
dc.subject
MARKET EXPANSION
dc.subject
MARKET FAILURES
dc.subject
MARKET INEFFICIENCIES
dc.subject
MARKET INTEREST
dc.subject
MARKET INTEREST RATE
dc.subject
MARKET INTEREST RATES
dc.subject
MARKET PRICE
dc.subject
MARKET REGULATION
dc.subject
MARKET REGULATIONS
dc.subject
MARKET SEGMENTATION
dc.subject
MARKET TRENDS
dc.subject
MARKET VALUE
dc.subject
MAXIMUM LOAN AMOUNT
dc.subject
MICRO-LOANS
dc.subject
MORTGAGE
dc.subject
MORTGAGE CREDIT
dc.subject
MORTGAGE FINANCE
dc.subject
MORTGAGE FINANCES
dc.subject
MORTGAGE INSTRUMENTS
dc.subject
MORTGAGE INSURANCE
dc.subject
MORTGAGE LAW
dc.subject
MORTGAGE LENDERS
dc.subject
MORTGAGE LENDING
dc.subject
MORTGAGE LOAN
dc.subject
MORTGAGE LOANS
dc.subject
MORTGAGE MARKET
dc.subject
MORTGAGE RATES
dc.subject
MORTGAGES
dc.subject
NATIONAL BANK
dc.subject
NATIONAL INVESTMENT
dc.subject
NEGATIVE AMORTIZATION
dc.subject
NEIGHBORHOOD
dc.subject
NEIGHBORHOODS
dc.subject
NEW PRODUCT
dc.subject
NEW TOWNS
dc.subject
OPEN MARKET
dc.subject
OPPORTUNITY COST
dc.subject
PHYSICAL PLANNING
dc.subject
PORTFOLIO
dc.subject
PRESENT VALUE
dc.subject
PRICE CAPS
dc.subject
PRIVATE BANKS
dc.subject
PRIVATE HOUSING
dc.subject
PRIVATE MARKET
dc.subject
PRIVATE MORTGAGE
dc.subject
PRIVATE SECTOR DEVELOPMENT
dc.subject
PRIVATE SECTOR LENDERS
dc.subject
PROPERTY RIGHTS
dc.subject
PUBLIC BANKS
dc.subject
PUBLIC HOUSING
dc.subject
PUBLIC LENDERS
dc.subject
PUBLIC SUBSIDIES
dc.subject
PUBLIC SUBSIDY
dc.subject
PUBLIC-PRIVATE PARTNERSHIP
dc.subject
PUBLIC-PRIVATE PARTNERSHIPS
dc.subject
PURCHASING POWER
dc.subject
REAL ESTATE
dc.subject
REGISTRATION PROCESS
dc.subject
REGULATOR
dc.subject
REGULATORY FRAMEWORK
dc.subject
RENT CONTROL
dc.subject
RENTAL HOUSING
dc.subject
RENTALS
dc.subject
RENTS
dc.subject
REPAYMENT
dc.subject
REPAYMENTS
dc.subject
RISK MANAGEMENT
dc.subject
RISK SHARING
dc.subject
SAFETY
dc.subject
SAFETY NET
dc.subject
SAVINGS
dc.subject
SAVINGS SCHEMES
dc.subject
SELF-HELP
dc.subject
SETTLEMENT
dc.subject
SETTLEMENT UPGRADING
dc.subject
SETTLEMENTS
dc.subject
SHELTER
dc.subject
SLUM
dc.subject
SLUMS
dc.subject
SMALL LOAN
dc.subject
SOFT LOAN
dc.subject
SUBSIDIZATION
dc.subject
SUBSIDIZED HOUSING
dc.subject
SUBSIDY COSTS
dc.subject
SURCHARGES
dc.subject
SUSTAINABLE DEVELOPMENT
dc.subject
TAX
dc.subject
TAX EXEMPTIONS
dc.subject
TECHNICAL ASSISTANCE
dc.subject
TECHNICAL SUPPORT
dc.subject
TRANSACTION
dc.subject
TRANSACTION COST
dc.subject
TRANSACTION COSTS
dc.subject
TRANSFER OF OWNERSHIP
dc.subject
TRANSPARENCY
dc.subject
TRANSPORT
dc.subject
TURNOVER
dc.subject
URBAN AREA
dc.subject
URBAN AREAS
dc.subject
URBAN COMMUNITIES
dc.subject
URBAN DEVELOPMENT
dc.subject
URBAN HOUSING
dc.subject
VOUCHER
dc.subject
VOUCHERS
dc.subject
VULNERABLE GROUPS
dc.subject
VULNERABLE HOUSEHOLDS
dc.subject
ZONING
dc.title
Egypt - Next Step Recommendations for Affordable Housing Policy and the National Housing Program : Mortgaged-Linked Subsidies and Housing Supply considerations
en
okr.date.disclosure
2012-03-22
okr.doctype
Economic & Sector Work :: Other Urban Study
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2008/06/15961749/egypt-next-step-recommendations-affordable-housing-policy-national-housing-program-mortgaged-linked-subsidies-housing-supply-considerations
okr.globalpractice
Social, Urban, Rural and Resilience
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333037_20120322005613
okr.identifier.internaldocumentum
15961749
okr.identifier.report
45113
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/03/22/000333037_20120322005613/Rendered/PDF/451130ESW0P1070te0FINAL006.30.080v2.pdf
en
okr.region.administrative
Middle East and North Africa
okr.region.country
Egypt, Arab Republic of
okr.region.geographical
Middle East and North Africa
okr.sector
Housing finance
okr.topic
Housing and Human Habitats
okr.topic
Banks and Banking Reform
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Finance and Financial Sector Development :: Access to Finance
okr.topic
Communities and Human Settlements
okr.unit
Sustainable Development (MNSSD)
okr.volume
1 of 1

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