Type | Thesis or Dissertation - Master of Public Administration |
Title | Partnership in Social Housing? Participation of private financial institutions in social housing initiatives in Suriname |
Author(s) | |
Publication (Day/Month/Year) | 2010 |
URL | http://www.fhrinstitute.org/pluginfile.php/128/mod_data/content/529/Powel_M.pdf |
Abstract | There is a recognized housing shortage for the low and middle‐income households in Suriname (Caram and Mungra, 2008; Maks and de Bruijne,2008 ). The Government of Suriname committed itself to ensure that the needy households are guaranteed affordable and appropriate housing. As part of its social policy, public houses were built and distributed as rental housing and hire purchase. This is evidenced by the many projects that have been set up since 1950. The house shortage has increased during time because the production of houses has been structurally low and cannot meet the demand. The Ministry of Social Affairs and Public Housing (SoZaVo) is responsible for the formulation of the public housing policy, improving the credit system for public housing and the management and allocation of public houses (Binnenlandse Zaken, 1991:17). Its Directorate of Public Housing is responsible for implementing this task. The Foundation for Public Housing and the Foundation for the Construction and Exploitation of Houses as working arms of the ministry maintain and manage the housing projects. Other ministries also have public housing tasks in their portfolio. Because of inter‐Ministerial collaboration, in 2000, an Inter‐ministerial group was created consisting of the Ministries of Finance, Natural Resources, Public Works and Regional Development with an advisory role concerning the housing policy. The Ministry of Social Affairs coordinated the Cabinet (Observatorio Social, 2006: 21) that also addressed the coordination problems between the ministries. In the most recent past, the housing policy was tailored to requirements of multi lateral organizations such as UN Habitat and the Inter‐American Development Bank (IDB) and NGOs in Suriname. The responsibility of bettering the living conditions was partly put in the hands of the beneficiaries themselves, supporting them with financial arrangements and loan modalities in partnership with the private sector and the so‐called third sector. The concept of “Government builds houses” was replaced by initiatives where the Government, together with the private sector, collaborates to increase the housing stock. But the commercial private sector operates on the basis of adequate returns of investment and in practice, the sector has little space to get involved in low‐incomeshelter projects. It is commercially difficult to provide housing profitably to the poor people that can only pay rents at sub‐market levels (UNCHS, 1993: 15).1 |
» | Suriname - General Population and Housing Census 2004 |