Indonesia: housing sector loan
Indonesia's housing sector is overviewed. The key project objectives are to: (a) expand access to housing finance for low and middle income households; (b) reduce overall subsidies and target the remaining subsidies to the lowest income groups; (c) reduce the reliance of the housing finance system on government funds and introduce new instruments for resource mobilization; (d) stimulate the production of more low-cost housing by both public and private developers; (e) generate employment at low foreign exchange cost; and (f) strengthen the key institutions in the housing sector. Project financing. (Econom. Voorlichtingsdienst)