National Affordable Housing Program

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The development objective of the National Affordable Housing Program Project aims to improve access to affordable housing through a mix of demand and supply side interventions targeting both lower-middle income and lower-income households. The projects are comprises into three components. The first components mortgage-linked down payment assistance targets lower middle income households that are unable to access commercial mortgage finance for home purchase without public assistance. The second component, home improvement assistance targets the bottom 40 percent of Indonesian households that require home improvement rather than home purchase solutions and for whom the market for commercial mortgage finance is un affordable even with deep assistance enhancements. The third component, technical assistance for housing policy reform will finance a technical assistance to support policy reform, improved governance and enhanced capacity in the housing sector.