| dc.description.abstract | The purpose of this research paper is to examine the funding opportunities available for the affordable
housing program. The study looks at the current channels of funding, the challenges facing affordable
housing, the role of the private and goverm11ent sector. Primary data used was collected through
presenting questionnaires to respondents in different financial sectors and there was a 64% response
rate. The basis used for data collection were looking for the current funding opportunities, the
difference between the funding opportunities in affordable housing than in other housing development,
the drawbacks in funding and how can the funding opportunities be optimized.
The data collected was input into Ms Excel and expressed as pie chart to make more meaning. The
results show that there is need for encouragement of saving and contribution towards home ownership
by the general public as this will be a catalyst in achievement of affordable housing. We find that state
contribution is the best funding source for the affordable housing program and that government funding
will still go back to the individual tenants and private entities through the housing tax levy | en_US |
