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- Title
Opportunities accruing from the application of public private partnerships in down market urban housing in Kenya.
- Authors
Giti, Daniel Mutegi; KÁkumu, Owiti Abiero; Ondieki, Edwin Oyaro
- Abstract
The purpose of this study was to investigate the opportunities which accrue from application of PPPs in development of down market urban housing in Kenya, hence attracting private players to partner with the public sector. The provision of down market urban housing in Kenya faces challenges like: application of outdated technologies, inadequate innovation, financing and ineffective strategies. This has led to huge housing supply backlogs, estimated to be 2 million housing units, because the annual demand is 250,000 units, but only 50,000 can be produced. Stakeholders have therefore scouted for alternative strategies, including application of PPPs, to reduce the overreliance on public sector financing of housing. Delphi method was used to gauge the likely opportunities in the application of PPPs. A sampling frame constituting of housing developers, financiers and practitioners was used, out of which a population of 88 persons in three Delphi panels was used. A sample size of 30 persons in housing financiers, 28 developers and 30 housing practitioners was used. Three rounds of Delphi iterations were used. It was found out that PPPs brings opportunities like the leveraging of assets, capacities and strengths of partners, enhanced resource mobilization, technology, effectiveness and innovation in housing delivery. It was concluded that PPPs brings many opportunities which makes private sector attracted to the concept hence assisting in housing development. The conclusion is that owing to the benefits of applying PPPs, the concept can be used for increasing the housing stock in the country, especially for low income urban households.
- Subjects
KENYA; HOUSING; HOUSING market; HOUSING development; HOUSING finance; HOUSING developers; HOUSING policy
- Publication
GeoJournal, 2021, Vol 86, Issue 6, p2957
- ISSN
0343-2521
- Publication type
Article
- DOI
10.1007/s10708-020-10197-1