Providing Real Estate and Financial Advisory in Haiti

  • City: Port-au-Prince
  • Client: Cordaid Urban Matters; Catholic Relief Services
  • Country: Haiti
  • Date: 2012

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 advisor and structuring consultant to the CCVP team, AHI was developing strategic financial models to leverage the community's resources and ability to save. Key aspects of AHI's work included a private-sector financial product (formation of co-op, 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).