Project Details

As part of USAID’s Egypt Financial Services (EFS) project, AHI advised the prime contractor on how it could assist the Guarantee and Subsidy Fund (GSF), a two-year-old Egyptian-governmental entity under the supervision of Egypt's Mortgage Finance Authority (MFA). At the request of the Government of Egypt, Ministry of Investment (MoI), the Affordable Housing Institute (AHI) wrote a business plan for the GSF; the plan was later adopted, largely in its entirety, and even today forms the strategy for the entity, which has grown and privatized itself and is now operating as the Mortgage Finance Fund (MFF).  The specific goal was to position the GSF so that it could use PPP's in housing finance with non-bank housing finance companies.