{"id":4107,"date":"2021-11-09T09:40:31","date_gmt":"2021-11-09T09:40:31","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m"},"modified":"2021-11-09T10:33:50","modified_gmt":"2021-11-09T10:33:50","slug":"affordable-housing-stakeholders-eye-units-priced-at-rwf10m","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m","title":{"rendered":"Affordable housing stakeholders eye units priced at Rwf10m"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Rwanda. <\/strong><\/span>African housing sector Stakeholders including Rwanda have resolved to find ways to explore ways to improve affordability of housing units setting a target of housing units of as low as Rwf 10,000,000 in an attempt to address the biting housing shortage.<\/p>\n<p>Speaking at the close of the 37th Annual General Meeting and conference of African Union for Housing Finance(\u201cAUHF\u201d) held in Kigali, the Chairman of the AUHF and Shelter Afrique CEO, Andrew Chimphondah noted that from the summit, they are keen on developing housing units with a selling price of $10,000 or below (Rwf 10,000,000).<\/p>\n<p>\u201cSome of the key trends include innovations in underwriting for informal incomes; opportunities to be found in property technology; new and innovative funding approaches; green and climate resilient housing; developing local capital markets, improving the efficiency and performance of the Housing Value Chain across the African continent and more importantly, increasing efforts to deliver exceptionally affordable homes at a selling price of less than $10,000,\u201dChimphondah said.<\/p>\n<p>He noted that in a post-Covid environment where everyone\u2019s resources are constrained, there is need to do more with so much less. \u201cWhat this means is that we need to improve the efficiencies of our housing sector and the processes it involves so that we can drastically reduce the construction cost and improve affordability,\u201d Chimphondah added.<\/p>\n<p>The conference which attracted more than 550 attendees from around the world was presided over by Minister of Infrastructure, Amb. Claver Gatete, who shared Rwanda\u2019s ambitious affordable housing agenda.<\/p>\n<p>\u201cThe new housing innovations have and continue to enable Rwanda to upgrade slums without the need to relocate the beneficiaries, The Government of Rwanda has also introduced various housing incentives such as the 100 per cent infrastructure subsidies for low-cost high quality housing developments whose selling prices should not exceed $35,000,\u201d Amb. Gatete said.<\/p>\n<p>From innovation and technology across the housing system, the conference was also used by leading institutions such as Shelter Afrique, UN Habitat, the African Development Bank, iLima Foundry, the Centre for Affordable Housing (CAHF), Reall and others to announce initiatives and developments that are likely to fast track sustainable affordable housing solutions across the continent.<\/p>\n<p>At the conference, members issued the Kigali Declaration for Affordable Housing in Africa, expressing their commitment to working together in leveraging their diverse capacities, charting new frontiers in the delivery of affordable housing across the continent and in individual countries.<\/p>\n<p>\u201cThe Declaration sets out key commitments for the AUHF and its members, and urges governments, development finance institutions and support organisations, and other players across Africa\u2019s affordable housing sector to work together in pursuit of these goals,\u201d Chimphondah concluded.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/rwanda\">Rwanda<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Rwanda. African housing sector Stakeholders including Rwanda have resolved to find ways to explore ways to improve affordability of housing units setting a target of housing units of as low as Rwf 10,000,000 in an attempt to address the biting housing shortage. Speaking at the close of the 37th Annual General Meeting and [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":4106,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28],"tags":[2550,760,763,2549,758],"class_list":["post-4107","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-affordable-housing","tag-africa-press","tag-africa-press-rwanda","tag-priced","tag-rwanda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Affordable housing stakeholders eye units priced at Rwf10m - Rwanda<\/title>\n<meta name=\"description\" content=\"African housing sector Stakeholders including Rwanda have resolved to find ways to explore ways to improve affordability ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Affordable housing stakeholders eye units priced at Rwf10m\" \/>\n<meta property=\"og:description\" content=\"African housing sector Stakeholders including Rwanda have resolved to find ways to explore ways to improve affordability ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-09T09:40:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-09T10:33:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2021\/11\/img-618a4e7668987.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"847\" \/>\n\t<meta property=\"og:image:height\" content=\"491\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Affordable housing stakeholders eye units priced at Rwf10m\",\"datePublished\":\"2021-11-09T09:40:31+00:00\",\"dateModified\":\"2021-11-09T10:33:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m\"},\"wordCount\":453,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2021\/11\/img-618a4e7668987.jpg\",\"keywords\":[\"Affordable housing\",\"Africa Press\",\"Africa Press-Rwanda\",\"priced\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/affordable-housing-stakeholders-eye-units-priced-at-rwf10m\",\"name\":\"Affordable housing stakeholders eye units priced at Rwf10m - 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