Advisor, Ministry of Haj and Umra
11:40 AM Addressing the affordable housing gap. Developing long-term strategies to cater to the rising demand for low and mid-income housing
According to JLL MENA, estimates suggest that only 25% of all the new units launched in the Middle East market in recent years have been affordable to the average family. We have been witnessing increasing pressure on both public and private developers to enhance affordable housing opportunities in the region to alleviate strain on citizens and the city.
This session will explore the key market challenges including.
- Understanding the gap. data analysis and how many projects are needed
- Financing and loan options for low-income segments
- Preserving the affordability factor. how to create policies which protect intended pricing tariffs
- Creating affordable communities. how to ensure the location of your housing projects are connected to affordable amenities including schools and retail outlets