Course Outline

Module 1: Affordable Housing Finance Landscape

• Overview of housing finance systems in developing contexts

• Financing challenges in low- and middle-income housing

• Stakeholder analysis: government, banks, cooperatives, developers

• Principles of financial inclusion and housing affordability

Module 2: Mortgage Financing Mechanisms

• Mortgage products and eligibility structures

• Primary and secondary mortgage markets

• Role of mortgage refinance companies

• Risk mitigation, loan-to-value ratios, and interest subsidies

• Case study: Government-backed mortgage schemes

Module 3: Rent-to-Own Models

• Concept and structure of rent-to-own agreements

• Legal and regulatory considerations

• Tenant selection and income assessments

• Affordability benchmarks and pricing structures

• Case study: Rent-to-own programs in emerging markets

Module 4: Housing Bonds and Capital Market Instruments

• Introduction to housing bonds and asset-backed securities

• Structuring municipal and sovereign housing bonds

• Credit enhancement and risk sharing mechanisms

• Engaging institutional investors and development banks

• Case study: Issuing a housing bond for social housing

Module 5: Designing Inclusive and Scalable Financing Strategies

• Comparing models: selection criteria based on context

• Blended finance for affordable housing

• Public-private partnership in housing finance

• Workshop: Designing a multi-model housing finance strategy

• Policy recommendations and implementation roadmaps