An Assessment of Housing for Low-income Groups in Danang : Phase II Report

In August 2004, in response to a request from the Government of Vietnam (GOV), the WB/ IDA launched preparatory activities for the Priority Infrastructure Investment Project (PIIP) in Danang. The PIIP is a multi-sectoral infrastructure investment initiative aimed at poverty reduction and the promotion of economic growth. The Project reflects the national goals set out in the Comprehensive Poverty Reduction and Growth Strategy (CPRGS), and is in line with the overall development priorities of the City's Five-Year (2006-200) Socio-Economic Development Plan (SEDP). The (PIIP) Project objectives are to: i) improve the living conditions and productivity of low income residents through better access to basic services; ii) promote economic growth through strategic investments that enhance mobility and increase private sector participation in the City's economic development; and iii) improve city and district level management through institutional and human resource development and capacity building. During the course of (PIIP) Project preparation activities, the Government expressed a desire to include a further sub-component to support the provision of housing for poor households not affected by the Project. This provided the rationale for the Assessment of Housing for Low Income Groups in Danang, (hereinafter referred to as the Low Income Housing Assessment Study (LIHAS)), which will parallel, support and inform preparation of the PIIP Project, while not being an integral part of it. The Study will take account of Government housing policy as it affects low-income households (LIH) in Danang. In this regard there has been a move away from direct Government involvement in house construction for the public sector service which was found to be financially unsustainable. The scope of work is based on two phases with the second phase consisting of options and recommendations: this second stage report contains: i) determination of the effective demand for low-income housing; ii) description of alternative technical standards for low income housing in the city; iii) overview of the need for financing of low income households, the demand for finance and different models of low income household finance; iv) definition of an outline low income housing policy for Danang City v) models of low-income housing production with varying degrees of public and private participation; vi) suggestions relating to the institutional framework for public housing provision and management.

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Bibliographic Details
Main Author: World Bank
Language:English
en_US
Published: Washington, DC 2007-02
Subjects:ACCESS TO MORTGAGE, ADMINISTRATIVE COSTS, AGRICULTURAL SECTOR, APARTMENT, APARTMENT BLOCKS, APARTMENTS, ARCHITECTURE, BANKS, BORROWER, BORROWING, BUILDING CODES, BUILDING MATERIALS, CAPACITY BUILDING, CAPITAL INVESTMENT, CAPITAL MARKETS, CITIES, COLLATERAL, COMMUNITIES, COMMUNITY DEVELOPMENT, COOPERATIVES, CORE HOUSING, COST ESTIMATES, COST OF HOUSING, CREDIT LIMITS, DEPOSIT, DESCRIPTION, DONOR FUNDS, DWELLING, DWELLINGS, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ENTERPRISE DEVELOPMENT, EVICTION, EXPENDITURE, EXPENDITURES, FAMILIES, FARMER, FINANCES, FINANCIAL ABILITY, FINANCIAL INSTITUTIONS, FINANCIAL MEANS, FINANCIAL RESOURCES, FINANCING FACILITY, FUNDING SOURCES, GOVERNMENT EMPLOYEES, GOVERNMENT HOUSING, GOVERNMENT INTERVENTIONS, HABITAT, HIGH INTEREST RATES, HOME IMPROVEMENT, HOME IMPROVEMENT LOANS, HOME IMPROVEMENTS, HOME LOANS, HOME OWNERSHIP, HOMEOWNERSHIP, HOMES, HOUSE CONSTRUCTION, HOUSEHOLD COMPOSITION, HOUSEHOLD FINANCE, HOUSEHOLD INCOME, HOUSEHOLD INCOMES, HOUSEHOLD STRUCTURE, HOUSEHOLDS, HOUSES, HOUSING, HOUSING CONSTRUCTION, HOUSING COSTS, HOUSING DEVELOPMENT, HOUSING DEVELOPMENTS, HOUSING FINANCE, HOUSING LOANS, HOUSING MAINTENANCE, HOUSING MANAGEMENT, HOUSING MARKET, HOUSING NEEDS, HOUSING POLICY, HOUSING PROJECT, HOUSING PROJECTS, HOUSING RENOVATION, HOUSING STANDARDS, HOUSING STOCK, HOUSING SUPPLY, HOUSING UNITS, ILLEGAL SETTLEMENTS, INCOME CATEGORY, INCOME GROUP, INCOME GROUPS, INDUSTRIAL ENTERPRISES, INEQUALITY, INFORMAL HOUSING, INITIAL FUNDING, INSTITUTIONAL FRAMEWORK, INTEREST RATE, INTEREST RATES, INTERVENTION, INTERVENTIONS, INVESTMENT CAPITAL, LAND ADMINISTRATION, LAND MARKET, LAND USE, LAND USE RIGHT, LAND VALUE, LANDLORD, LEASING, LIVING CONDITIONS, LOAN, LOAN DEFAULT, LOAN FINANCING, LOAN REPAYMENT, LOAN REPAYMENTS, LOCAL AUTHORITIES, LOW INCOME HOUSING, LOW-INCOME HOUSEHOLDS, MAINTENANCE COSTS, MICRO FINANCE, MICRO FINANCE INSTITUTIONS, MICROFINANCE, MICROFINANCE LOANS, MIGRANT WORKERS, MINIMUM WAGE, MINIMUM WAGES, MOBILITY, MORTGAGE, MORTGAGE FINANCING, MORTGAGE INSURANCE, MORTGAGE LENDING, MORTGAGE MARKET, MORTGAGES, MUNICIPAL BONDS, MUNICIPAL FINANCE, MUNICIPAL LEVEL, NEIGHBOURHOODS, PER CAPITA INCOME, PERSONAL SAVINGS, POOR HOUSING, POVERTY REDUCTION, PRIVATE HOUSING, PRIVATE INVESTORS, PROPERTY MARKET, PROPERTY TAX, PROPERTY VALUE, PROVINCES, PROVISION OF FUNDS, PUBLIC, PUBLIC FUNDING, PUBLIC HOUSING, PUBLIC HOUSING FINANCE, PUBLIC SECTOR, REAL ESTATE, REINVESTMENT, RENTAL HOUSING, RENTAL PAYMENT, RENTAL PROPERTY, RENTS, REPAYMENT, REPAYMENT PERIODS, REPOSSESSION, RESETTLEMENT, REVOLVING FUND, RURAL AREAS, RURAL COMMUNITY, SAVINGS, SECONDARY MORTGAGE MARKET, SHANTY TOWNS, SHELTER, SHELTER UPGRADING, SLUM, SLUM DEMOLITION, SLUMS, SMALL ENTERPRISES, SMALL LOANS, SOCIAL WELFARE, SOURCE OF FUNDS, SOURCES OF INCOME, SQUATTER, SQUATTER SETTLEMENTS, SQUATTERS, STRUCTURAL DESIGN, SUBSIDIZED HOUSING, TAX EXEMPTIONS, TAX INCENTIVES, TAXATION, TECHNICAL ASSISTANCE, TECHNICAL SUPPORT, TEMPORARY HOUSING, TENANCY, TRANSACTION COSTS, UNION, URBAN AREA, URBAN AREAS, URBAN COMMUNITIES, URBAN DEVELOPMENT, URBAN POOR, URBAN SERVICES, URBANIZATION, VACANT LAND, VILLAGE,
Online Access:http://documents.worldbank.org/curated/en/2007/02/16362692/assessment-housing-low-income-groups-danang
https://hdl.handle.net/10986/12926
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