An Integrated Financial Solution: The Carradeux Community Vitalization Program Financial Model and Governance Structure

The Carradeux Community Vitalization Program (CCVP) was designed to build a safe, sustainable, resident-governed community to serve as a model for other low-income urban areas in Haiti, including those affected by the 2010 earthquake. For this pilot project, the CCVP team, led by Catholic Relief Services and Cordaid, worked with the approximately 1,500 households who live in the IDP camp of Carradeux, Port-au-Prince. The project's goal was to demonstrate a scalable, multi-faceted financing process that shows how to transform IDP camps into permanent housing communities. As the financial adviser and structuring consultant to the CCVP team, AHI developed a strategic financial model strategic financial models to leverage the community's resources and ability to save. Key aspects of AHI's work included the design of a private-sector financial product (permanent loan to co-op) that established replicable relationships between government (land tenure/deed and title), lending institutions (access to credit), and lower-income community capacities and resources (organization, regular savings, and repayments).

This document is the final report, defining the mechanisms and governance structures within CCVP's financial model. Though the project was not ultimately built, the development model was lauded as a promising and innovative solution for affordable housing development in Haiti.