Technical Advisory for Saudi Real Estate Development Fund (REDF)

City
Riyadh

Country
Saudi Arabia

Client
Saudi Real Estate Development Fund

Date
2014

Project Details

AHI was strategic housing advisor to Ernst & Young, who served as the prime consultant in advising the Saudi Real Estate Development Fund(REDF) as they developed programs to reduce the government housing waitlist, facilitate development of affordable housing, and improve housing loan collection rates. AHI assessed global benchmarks to identify appropriate comparable program solutions, structured preliminary program proposals for client selection, and worked closely with E&Y to develop program objectives, operational mechanisms and risk mitigation for a final suite of short listed programs. The programs varied from private sector engagement and PPPs, to loan service outsourcing and national housing savings fund.