Uganda’s housing deficit is estimated to be 1.6 million units, with an annual requirement of between 180 000 and 210 000 units. Given projected urbanisation and population growth, Uganda’s urban areas are poised for a rapid increase in households, implying a huge demand for adequate, affordable housing. The most effective approach to tackling the housing crisis is through strategic partnerships, which unlock the housing value chain, to scale affordable housing supply, while enhancing sustainable economic growth.
On Wednesday 17 February 2021, Financial Sector Deepening (FSD) Uganda and the Centre for Affordable Housing Finance in Africa (CAHF), jointly hosted a webinar under the theme “Affordable housing as a pathway to economic resilience”, bringing together 50 stakeholders from government, banking, the built environment and development partners. Drawing from CAHF’s Housing Economic Value Chain and Cost Benchmarking Analysis in Uganda, the session unpacked the current and potential economic contribution of Uganda’s housing sector and engage a panel of experts around bridging the financing gap in the affordable housing market, to meet the needs of 2.1million households.
There is a huge opportunity for Uganda to pivot to resilience, and housing could be the lever that stimulates socio-economic development and a post-COVID-19 recovery. Moreover, there is a real possibility of engagement across and between different sectors and market players to coordinate around improving the efficiency of the housing delivery chain.
A link to the webinar presentation and recording can be found here.Presentation Webinar recording