Adoption of Community Land Trusts into Housing Policy for Provision of Affordable Housing Developments in Nigeria
Mina Elsie. L. Udom,
Anthony Dornubari Enwin and
Tamunoikuronibo Dawaye Ikiriko
AfRES from African Real Estate Society (AfRES)
Abstract:
Nigeria, like many other developing countries, faces significant challenges in providing affordable housing for its citizens, particularly in major cities experiencing population growth and urbanization. This study focuses on assessing the feasibility of implementing the Community Land Trust (CLT) model to address this pressing issue. Through a comprehensive review of literature and responses from thirty-one stakeholder interviewed, the study examines the success of CLTs in other countries, identifies opportunities and challenges associated with implementing CLTs in Nigeria, and explores potential partnerships among the government, private sector, and community organizations. Furthermore, the study evaluates the potential impact of integrating CLTs into Nigeria's housing policy, aiming to enhance the provision of affordable housing and improve the quality of life for low-income families. The study concludes that adopting the CLT model into Nigeria's housing policy holds promise as a sustainable solution for affordable housing provision and has significant implications for policy and practice in the affordable housing sector, not only in Nigeria but also in other developing countries confronting similar challenges.
Keywords: Affordable Housing; Community Land Trusts; Housing Policy; Low-Income Families; Sustainable Housing (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2023-01-01
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:afr:wpaper:afres2023-006
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