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Haiti Home Ownership and Mortgage Expansion (HOME)

Aerial view of homes
Credit: World Council

Cooperative Development Organisation

Implementing Partners and Organisations

Habitat for Humanity International (HFHI) and the Affordable Housing Institute (AHI)

Period of Implementation

July 2015 - January 2021

Geographic scope

Americas: Haiti

Cities: Port-au-Prince


$ 10,299,683
€ 9 809 222


Bilateral Aid: USAID


Banking & Financial Services, Climate & Environment, Housing

Type of Activity

Legal and Regulatory framework, Technical Assistance & Advisory, Training & Capacity Building, Value Chains / Socioeconomic Circuits


WOCCU’s Haiti Homeownership and Mortgage Expansion (HOME) program created a new market for affordable housing by deploying an innovative Pay-for-Results Results (PfR) scheme catalyzing the supply and demand sides of the housing value chain. HOME transformed Haiti’s affordable housing sector. On the demand side, the program developed Haiti’s first credit union-issued mortgage product, offering a new solution to lower-income households typically not served by commercial banks when it comes to long-term financing. On the supply side, it stimulated the development of an affordable housing industry by incentivizing private sector investment in affordable housing supply and supporting affordable housing property developers to develop capacity to implement international building best practices and environment standards. Overall, the program leveraged more than USD 25.9 million in private sector funds utilizing less than USD 3 million in publicly funded incentives—a ratio of 9:1.

Project Objectives

Addressed the need for lower-cost housing for low-income households by: 1) Houses built catalyzed by HOME finance tools, and 2) Issue housing finance by Financial Intermediaries

Impact on SDGs

SDG10 - Reduced Inequalities
SDG11 - Sustainable Cities and Communities
SDG17 - Partnership for The Goals

Main Indicators

Number of units built by developer, NGO, and/or CBO/FBO through HOME Program.Value of private capital leveraged from market (construction financing, mortgages, and home loans).Number of home loans/mortgages issued to individual or groups of Haitian households.Number of interest/advocacy groups supporting investment for affordable housing created or supported by HOME.Number of investment-raising solutions for the affordable housing sector.

Impact Measurement

Performance-based agreements with incentive structure design for additionality. Project monitoring and milestone payouts. Monitoring portfolio volumes.

Direct beneficiaries

Organisations: 22

Local stakeholders


Key Tags

Inequalities, Informal economy