National Urban Reconstruction and Housing Agency (NURCHA): Open Society Institute, 1995

Source: 
Center for Strategic Philanthropy and Civil Society (Duke)

Date

2007

Case Study Sector

Health

The National Urban Reconstruction and Housing Agency (NURCHA) was created with donations of $5 million each from the Open Society Institute (OSI) and the South African government. In addition OSI appropriated a further $50 million to guarantee bank loans for bridging finance. NURCHA’s goal was to make available funding for real estate developers and contractors to build low-cost housing for South Africa’s poor.

Link

Keyword

  • Evaluation
  • Strategy

Region

  • Africa

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