Sustainable slum regeneration
Hope for Slums is designed to address sustainable urban development strategies and slum upgrading and prevention at local, national and regional as well as global levels and is suitable to be embedded in the well consolidated Participatory Slum Upgrading Programme (PSUP). This is achieved by adapting techniques and tools used in contexts different from the slum regeneration domain, in order to increase the financial provision enabling slums regeneration. These techniques and tools are drawn from the two disciplines of sustainable urban planning and land economic.
Hope for Slums incorporates Land Value Capture and Inclusionary Housing, in order to enable private financial contribution to sustainable slum regeneration. It is designed to address urban development strategies and slum upgrading and prevention at local, national and regional as well as global levels through:
- partnership building and stronger awareness for urban development challenges
- identification of most pressing needs at all levels
- strengthening the capacity of various stakeholder
- assisting local stakeholder to respond to urban development challenges
A principle that embraces land use regulations that require developers of market-rate residential developments to set aside a small portion of their units, usually between 10 and 20 percent, for households unable to afford housing in the market.
Land Value Capture
A planning mechanism through which increases in land value resulting from public investments, land-use plan changes and upzonings, are captured for public benefit, including, but not limited to, housing.
Watch the bitesize videos below to learn more about Inclusionary Housing and Land Value, explained by Professor Nico Calavita, Planning Professor Emeritus from San Diego State University and Dr Bernard Nzau, Land Economist, Kenya.