SA Affordable Housing September / October 2018 // Issue: 72 | Page 20

AFFORDABLE HOUSING CONFERENCE
affordable housing at a financially-sustainable price point
requires strong and effective collaboration between
housing developers – whether public or private – and local
government. Moreover, it requires municipal governments
to start to start to think more creatively about their
financing sources, especially since there is a significant
financing gap between funding needs and available
resources. Reviewing, for example, the case of the city of
Harare, there is a gap between aggregate funding and
overall planning needs in each of the traditional categories
of infrastructure.
FIGURE 4
In conclusion, the delivery of affordable housing at viable levels,
given current resources and demand from across the region, will
not be achieved without a more holistic approach to the twin
challenges of infrastructure provision and affordable housing by
all stakeholders.
ABOUT PROF GORELICK
Figure 2
Professor Jeremy Gorelick is a development
economist with a passion for municipal
finance and its intersection with
infrastructure and affordable housing
delivery. In July 2018, he chaired the
Marcus Evans Affordable Housing Africa
conference, where he also presented a talk
on the link between affordable housing and
infrastructure finance.
He spent six years as the lead technical
and financial advisor for the Dakar
Municipal Finance Programme, which
culminated in the development of a
municipal bond to raise capital for the
Senegalese capital’s infrastructure needs.
He is currently living in South Africa, where
he is the senior infrastructure advisor for
USAID’s WASH-FIN programme.
Figure 3
References:
1.
Stocktaking of the Housing Sector in Sub-Saharan
Africa, Challenges and Opportunities, World Bank,
2015
2.
Housing Finance in Africa, Center for Affordable
Housing Finance in Africa, 2017 http://
housingfinanceafrica.org/app/uploads/2017_
CAHF_YEARBOOK_14.10-copy.compressed.pdf
3.
Statistics South Africa, Community Survey
Statistical Release, 2016
4.
Eugene E. Ezebilo, Evaluation of Affordable
Housing Program in Papua New Guinea: A Case
of Port Moresby, (Papua New Guinea: National
Research Institute, 2017), https://postcourier.
com.pg/trunk-infrastructure-place-housing-
Figure 4
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SEPTEMBER - OCTOBER 2018
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