DEPARTURE POINTS FOR ANADEQUATE LOW-INCOME HOUSING FINANCE
Analysis has revealed three weaknesses which hinder the workable solution of
the problem; improvements are needed in:
- overall provision of funds;
- access to these resources;
~ terms of finance in the true sense by means of:
- acceptance of informal income criteria;
- adequate requirements for personal resources and collateral;
- low loan amounts;
_- short maturities;
- low interest rates:
-. flexible methods of payment.