[P107027] A Framework for Housing Policy Reform in Egypt

    The two key objectives of this policy note are to provide recommendations for a policy-based approach to housing sector reform in Egypt and to improve the delivery of housing subsidies under the National Housing Program (NHP). The paper builds on the key findings of recent research and analysis related to affordable housing in Egypt, presents a framework for moving forward with housing policy and subsidy reform focusing on two priority areas:

     

    • Comprehensive housing sector reforms designed to put in place over the medium and longterm the foundations of an efficient and well-functioning urban housing market, by making more effective use of Egypt’s existing housing stock, maximizing the role of the private sector in housing production and financing, and targeting government assistance to the poor who are unable to afford shelter provided in the market place; and

     

    • Improvements to the NHP, particularly regarding cost-efficiency, affordability and distributional impacts of housing subsidies, private sector participation, and effectiveness of the

    institutional framework, all of which can be initiated immediately and used to leverage longer-term reforms in the housing delivery system.

     

    It is important to note that this is not a substitute for a complete housing policy, but rather a framework that focuses on specific policy issues that need to be addressed in Egypt.