Success Stories

Story 1

Shelter is a basic and essential human right. The provision of this basic and essential human right can be a catalyst for economic development. Any form of economic development can be frustrated if decent shelter is not available for all. Therefore development of housing finances system which responds to the needs of all sections of the population, and in particular to the needs of the poor should be an essential component of any poverty alleviation program. In Sri Lanka over the last two decades the government has made an exceptional effort to provide housing finance to low income families. Under the Million Houses Program and 1.5 Million Houses Program the National Housing Development Authority (NHDA) has succeeded in increasing low income access to housing finance in urban and rural areas alike. This government intervention of providing housing finance has now been slowed down.

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Story 2

Shelter is a basic and essential human right. The provision of this basic and essential human right can be a catalyst for economic development. Any form of economic development can be frustrated if decent shelter is not available for all. Therefore development of housing finances system which responds to the needs of all sections of the population, and in particular to the needs of the poor should be an essential component of any poverty alleviation program. In Sri Lanka over the last two decades the government has made an exceptional effort to provide housing finance to low income families. Under the Million Houses Program and 1.5 Million Houses Program the National Housing Development Authority (NHDA) has succeeded in increasing low income access to housing finance in urban and rural areas alike. This government intervention of providing housing finance has now been slowed down.

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