Increasing access to affordable housing through PPPs in Papua New Guinea
The IFC seeks to tackle Papua New Guinea's shortage of affordable housing through the Public Private Partnership (PPP) model. Athena and the Affordable Housing Institute (AHI) designed a model that is both climate resilient and gender inclusive. It also sought to improve access to land, utilities, financial products, affordable housing designs and streamlined regulatory regimes to develop an inclusive and viable housing market. Using in-depth stakeholder consultation methods, Athena analyzed the regulatory constraints in employing a PPP, and identified constraints faced by women in accessing affordable housing. The consortium then designed a pilot PPP transaction structure for affordable housing. It also proposed recommendations to overcome regulatory and gender-based barriers to affordable housing.