Sustainable Housing Solutions (SHS) aims to provide a turn-key solution – by providing high-quality, affordable homes and communities, as well as creating jobs – in order to address the current shortfall of affordable dwellings in developing countries. SHS work with governments, NGOs and the private sector and has multiple partners, including UNOPS.
Through the Sustainable Infrastructure Impact Investments (S3i) initiative UNOPS aims to attract private sector financing to national development projects in emerging markets.
To date, SHS has signed agreements with UNOPS to deliver over 1 million affordable houses in six countries (Ghana, Kenya, Nigeria, Guinea, India and Pakistan). The aggregate contract value of the global scheme is an estimated $45bn, in what UNOPS has declared “one of the most ambitious affordable housing projects in the world.”
This global initiative will holistically address both the need to expedite the construction of homes, and the provision of finance to purchase them. SHS Finance works closely with local banks to reduce the cost of mortgages so people in low and middle-income families can afford to buy their first home.
By bringing together innovative materials, proprietary construction technology and like-minded companies, SHS is able to deliver progressive, affordable projects at speed and scale.
SHS is committed to returning value to our stakeholders and our core strategy is based around a programme of sustainable development, creating a lasting legacy that will make a positive mark on society, nature and technology.
The founding board observed that while there are many great, innovative businesses working to improve the lives of those in developing countries – they need to work together to operate at scale, with greater efficiency.
The group of experienced professionals, with backgrounds in finance, energy and housing, created a strong, sustainable organisation that can apply commercial skills and a great passion for sustainable development.
Together these elements can be combined to great a powerful legacy, one that will improve lives for many generations to come. This is how SHS came to be – a new organisation but one with an experienced team and a group of partners that have been transforming lives for many years.