PRESS RELEASE: TMRC and CAHF WORK TOGETHER TO DEEPEN UNDERSTANDING OF HOUSING FINANCE IN TANZANIA

The Tanzania Mortgage Refinance Company Limited (TMRC) and the Centre for Affordable Housing Finance in Africa (CAHF) jointly committed to deepening understanding of the housing finance market in Africa, and in Tanzania in particular, through the signing of a Memorandum of Understanding (MoU) on future cooperation, this week. Both organisations have committed themselves to cooperate in applying their knowledge to advance public and private initiatives to increase access to housing finance, especially to the lower and middle income housing market, and to improve the functioning of the housing market in Tanzania.

The strategic intent of the partnership between TMRC and CAHF is to collaborate in support of effective, data-driven policy and decision-making in Tanzania’s housing market.   This will involve the sharing of data and methodologies, as well as the joint commissioning of research and analysis, on the role of housing in the Tanzanian economy, the functioning of Tanzanian property markets, the performance of Tanzania’s mortgage market, as well as other issues to be explored in the course of the partnership.

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