Strengthening Latvia's Housing Affordability Fund / Organisation for Economic Co-operation and Development

Format:

Book

Government document

Author/Creator:

Organisation for Economic Co-operation and Development.

Language:

English

Subjects (All):

Finance and Investment.

Social Issues/Migration/Health.

Latvia.

Local Subjects:

Finance and Investment.

Social Issues/Migration/Health.

Latvia.

Physical Description:

1 online resource (133 p. )

Edition:

1st ed.

Place of Publication:

Paris : OECD Publishing, 2023.

Summary:

The Latvian government established the Housing Affordability Fund in mid-2022, a long-term self-sustaining financing model to channel investment into affordable housing. The fund is now being scaled up to ensure lasting impact on the Latvian housing market. This report identifies options for institutional arrangements, funding and financing opportunities, and operational tools to achieve this aim. It draws on the rich and diverse experiences of four peer countries in establishing and operating revolving fund schemes for affordable housing (Austria, Denmark, the Netherlands and Slovenia), and also reflects findings from engagement with a range of stakeholders in the Latvian housing sector.

Contents:

Foreword

Overview and key recommendations

Boosting investment in affordable housing in Latvia: The potential of a revolving fund scheme

Executive summary

Setting up a revolving fund scheme to channel investment into affordable housing in Latvia

Operating a revolving fund scheme for affordable housing in Latvia

Country notes: Approaches to financing affordable housing in Austria, Denmark, the Netherlands, Slovenia

Funding and financing affordable housing through a revolving fund scheme in Latvia.

ISBN:

92-64-38297-6

92-64-39005-7