ABSTRACT
It is important to improve understanding of how cities can be better financed to meet affordable housing challenges over the short and long-term; be they economic, social and/or environmental. The lack of adequate affordable housing is a major challenge in the development of human settlements. With rapid urbanization, governments are increasingly having difficulties to meet the growing demand for affordable housing. The lack of revenues is one of the biggest problems facing most cities administrations all over the world, which makes them one of the vulnerable layers of government, with increasing responsibilities and small share in the allocation of affordable housing.
