Revealing Rental Housing at Trust Urban Housing Fund: AUHF Newsletter

Published: Saturday, September 19th, 2015 by Lenora

Check out the excellent feature on South Africa’s Trust for Urban Housing Finance (TUHF) in the latest newsletter from the African Union for Housing Finance here. Born out of decades of red-lining in Johannesburg’s city center, an influx of low income households seeking affordable housing and lack of mainstream bank finance to rehabilitate buildings, TUHF stepped in to help finance rehabilitation of buildings in under-invested downtowns. The now commercial entity has grown while still offering opportunities and deep expertise to housing entrepreneurs, more than 80% of which are either just starting or emerging entrepreneurs. Across the emerging markets, this is one of the best stories about financing city center revitalization.