PRESENTATION TO UK-LIBERIA INVESTMENT FORUM Samuel W. Thompson - PowerPoint PPT Presentation

PRESENTATION TO UK-LIBERIA INVESTMENT FORUM Samuel W. Thompson Managing Director September 14, 2012

ROLE OF NHA IN DEVELOPING THE LIBERIAN HOUSING SECTOR • Land Acquisition – Provide Title Free Land • Support Planned Urbanization Nationwide • Foster Public Private Partnerships For Housing Development • Provide Investment Incentives For Affordable Housing Per NHA Act and NIC Guidelines • Facilitate Mortgage Finance System/Institutions • Develop National Housing & Urbanization Policy 9/19/2012 2 NATIONAL HOUSING AUTHORITY

HOUSING STRATEGY (VISION 2030) • Strong Support For Decentralization And Sustainable Urbanization In Growth Corridors/Admin. Centers • Decongest Monrovia Via Better Alternatives • Encourage Home Ownership By Access To Flexible Mortgage Finance • Better Regulate Housing Sector (E.g., Zoning, Investment Incentives, Etc.) • Move Towards Mortgage Backed Securities 9/19/2012 3 NATIONAL HOUSING AUTHORITY

DECENTRALIZATION AND GROWTH CORRIDOR SETTLEMENTS Food & Cash Crops Mittal Steel X- Border Trade X- Border Trade Putu Iron Ore Western Cluster China Union Sime Darby SIFCOM Firestone Rubber Mittal Steel Tourism G. Veroleum Decoris Oil Palm Logistics Port Seaport Seaport 9/19/2012 NATIONAL HOUSING AUTHORITY 4

WHY INVEST IN HOUSING? 1. Lifts Liberians Up Via Economic Justice Of Improved Housing And Lifestyles 2. Mass Market Opportunity Focusing On Home Ownership And Services 3. Major Engine Of Economic Growth And Job Creation 4. Contributes To Stable Future By Showing Dividends Of Large FDI Inflows 5. Supports M. Term Securities Market Development NATIONAL HOUSING AUTHORITY 9/19/2012 5

HOUSING RELATED INVESTMENT OPPORTUNITIES 1. Planned Development: Monrovia & Other Growth Corridor Settlements 2. Urban Revitalization And Re-zoning 3. Nationwide Urban Hubs 4. Sites And Services Programs 5. Tourism And Leisure Services 6. Financial Services NATIONAL HOUSING AUTHORITY 9/19/2012 6

URBAN PLANNING: ST. PAUL RIVER TO PO RIVER COMMUNITY NATIONAL HOUSING AUTHORITY 9/19/2012 7

SOME URBAN PLANNING SITES ON GROWTH CORRIDORS NEW KAKATA 4.2 SQ MILES NEW BUCHANAN - 3 SQ. MILES • NEW KAKATA 4.2 SQ MILES NATIONAL HOUSING AUTHORITY 9/19/2012 8

MORE URBAN PLANNING SITES DU RIVER DEVELOPMENT TUBMANBURG NATIONAL HOUSING AUTHORITY 9/19/2012 9

REVITALIZATION OF MESURADO RIVER FRONT NATIONAL HOUSING AUTHORITY 9/19/2012 10

MESURADO RIVERFRONT ABIDJAN RIVERFRONT MESURADO RIVERFRONT - MONROVIA 9/19/2012 NATIONAL HOUSING AUTHORITY 11

MESURADO RIVERFRONT: WEST POINT COMMUNITY REVITALIZATION NATIONAL HOUSING AUTHORITY 9/19/2012 12

MESURADO RIVER FRONT JARDIM SÃO FRANCISCO WEST POINT RIVER VIEW SLUM RENEWAL - BRAZIL 9/19/2012 NATIONAL HOUSING AUTHORITY 13

ADDRESSING CONSTRAINTS • Better Interagency Collaboration Within GOL • Technical Assistance In Urban Governance, Urban Planning And Project Development From UN Habitat • Seeking Soft Funding For Sites & Services Infrastructure And Re-zoning • Subsidies For Low Income Housing Via CSR • Sourcing L. Term Funding (Shelter Afrique & US OPIC) For More Flexible Mortgage System NATIONAL HOUSING AUTHORITY 9/19/2012 14

HOUSING & ECONOMIC DEVELOPMENT Formal Mortgages, % of GDP 80� 70� USA� 60� SWE� SA� 50� CHILE� CHI� 40� MEX� IND� BRA� 30� RWA� UG� 20� GHA� 10� 0� SOURCE: Dr. Monica Hjeds Löfmark, Growth, Housing Finance & Land Administration Chain , National Housing Credit Guarantee Board (BKN), Sweden, 2010 NATIONAL HOUSING AUTHORITY 9/19/2012 NATIONAL HOUSING AUTHORITY 15

THANK YOU. QUESTIONS & COMMENTS NATIONAL HOUSING AUTHORITY 9/19/2012 16