Wharton-Habitat housing finance course at Asia-Pacific Housing Forum
The course is part of the biennial Asia-Pacific Housing Forum which will be held at Dusit Thani Manila from 2-4 October 2013
Bangkok, 22nd August 2013 – Wharton School and Habitat for Humanity International will run a housing finance course for microfinance professionals at the 4th Asia-Pacific Housing Forum. The one-day course is a collaboration between the school’s International Housing Finance Program and Habitat’s housing finance department.
The course will cover four broad areas:
- Overview of mortgage finance markets and main models of financing, regulating and delivering mortgage finance in Asia-Pacific
- Downscaling mortgage finance to lower income segments; new products and delivery channels used by mortgage lenders and effective government subsidies to increase home ownership by low-income populations
- Overview of non-mortgage housing finance and alternative models of secured lending as well as innovations in cash flow-based lending for housing
- Pricing housing finance for low-income market segments and options to bring down the costs and risks of lending to low-income market
The course is part of the biennial Asia-Pacific Housing Forum which will be held at Dusit Thani Manila from 2-4 October 2013. The event is the leading platform for advocating affordable housing solutions and decent shelter for low-income families, and was last held in the Philippine capital in 2009. It brings under one roof, public, private and people sector stakeholders engaged in seeking solutions to poverty housing issues.
“Our Forum has gained considerable traction over the years. Like a ‘Davos of poverty housing’, it is an incubator for leading minds to offer creative solutions to address housing issues in Asia-Pacific. One in eight still lives in a slum in the region; so there is tremendous scope for collaboration between governments, businesses and civil society to improve the situation,” said Rick Hathaway, Vice President for Asia-Pacific, Habitat for Humanity International.
He added: “The traditional approach to tackling poverty housing by simply building more homes is one dimensional and limiting. Solving the problem requires addressing affordability of housing finance, climate change and disaster resiliency, land rights inequality, infrastructure planning, basic services provision, sustainable livelihoods, and adoption of green solutions. These are touch points that will be up for discussion at the forum.”
Among the confirmed participants are key policy makers, business titans, and thought leaders from humanitarian agencies and research institutions. They include Jejomar Binay, Philippine Vice President; Alicia Bala, Deputy Secretary of ASEAN; Senator Loren Legarda, member of Philippine Senate; Henry Cisneros, former US Housing Secretary and Founder/Chairman of CityView; Nestor Espenilla, Deputy Governor, Bangko Sentral ng Pilipinas; Mr. Askaran K. Agarwala, Director, Aditya Birla Group; Vikram Gandhi, Founder/CEO of VSG Capital Advisors; Kevin Lim, CEO of First Finance; Suresh K. Krishna, MD of Grameen Koota; Sohail Hasnie, Principal Energy Specialist, SE Asia Department of the Asian Development Bank; Dr. Liu Thai Ker, former CEO of Housing Development Board Singapore and Advisory Board Chairman of Center for Liveable Cities; Hassan Ahmad, CEO of Mercy Relief; Graham Saunders, Head of Shelter and Settlements at the International Federation of Red Cross and Red Crescent Societies; Dr. Mohamed El Sioufi, Coordinator, Housing and Slum Upgrading, UN-Habitat, Nairobi; Richard Northcote, Head of Communications, Public Affairs and Sustainability of Bayer MaterialScience; and Efren Peñaflorida, 2009 CNN Hero of the Year.
The Forum, themed ‘Housing as a foundation for breaking the poverty cycle’, will feature five discussion tracks, focusing on affordable housing finance, disaster resilience and climate change, shared value and corporate social responsibility leadership, housing policy and advocacy, and sustainable housing solutions.
Apart from the Wharton-Habitat housing finance course, the event will feature a one-day workshop on the Eco-Town Framework by the Philippine Climate Change Commission and demonstration/discussion workshops by the Asian Development Bank on energy efficiency technologies and sustainable energy for all. Entry to all workshops is included in the registration fee and seats are limited on a first come first served basis.
The Forum is supported by sponsors and partners including Aditya Birla Group, Asian Development Bank, Ayala Corporation, Ayala Land, Bayer MaterialScience, PT Caturkarsa Megatunggal, Cemex Philippines, Citi, Energy Development Corporation, Philippine Housing Urban Development Coordinating Council, International Federation of Red Cross and Red Crescent Societies, Move.org, and Philippine Climate Change Commission. The media partners of the event are ABS-CBN News Channel, AsianNGO, Channel NewsAsia, Philippine Daily Inquirer, and Rappler Inc.
Registration for the Forum is at aphousingforum.org.