Affordable and resilient housing

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Affordable and resilient housing
Affordable and resilient housing
Affordable and resilient housing for low-income people capable of withstanding natural disasters
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Infrastructure
Real Estate
Business Model Description

Promote the use of sustainable and disaster-resistant materials and techniques for affordable and resilient housing. Collaborate with local architects and contractors, implement innovative project management practices, and access to financing for the beneficiaries at the base of the pyramid.

Expected Impact

Increase in affordable and resilient housing to address the housing deficit of 1,464,995 households in the Dominican Republic

How is this information gathered?
Updated: 19 Dec, 2023 Date of Production: 7 Sep, 2023
Dominican Republic
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
5% - 10% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11) No Poverty (SDG 1)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Climate Action (SDG 13) Industry, Innovation and Infrastructure (SDG 9) Good health and well-being (SDG 3)

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Sector Sources
  • 1) WEF, 2019. The Global Competitiveness Report 2019 https://www3.weforum.org/docs/WEF_TheGlobalCompetitivenessReport2019.pdf 2) National Multi-Year Public Sector Plan 2021-2024. Accessed march 7st, 2023: https://mepyd.gob.do/publicaciones/plan-nacional-plurianual-del-sector-publico-2021-2024/ 3) Research "Housing Deficit in the Dominican Republic" from July 2022, conducted by the Vice Ministry of Policies and Planning for Housing and Buildings of the Ministry of Housing of the Dominican Republic: https://mived.gob.do/ 4) Research "Housing Deficit in the Dominican Republic" from July 2022, conducted by the Vice Ministry of Policies and Planning for Housing and Buildings of the Ministry of Housing of the Dominican Republic. 5) Investment guide: https://prodominicana.gob.do/Documentos/Gu%C3%ADa%20de%20Inversi%C3%B3n%20RD%20en%20Espa%C3%B1ol%202022.pdf 6) The housing deficit in the Dominican Republic: Levels, trends and components, 2002-2017.: https://mepyd.gob.do/wp-content/uploads/drive/DCS/Adjuntos/De%CC%81ficit%20habitacional%20en%20la%20Repu%CC%81blica%20Dominicana%202002-2017%20final%20editado%20para%20imprenta-compressed.pdf
IOA Sources
  • 7) Central Bank of the Dominican Republic: https://www.bancentral.gov.do/ 8) Vulnerability Index to Climate Shocks: https://www.undp.org/es/dominican-republic/publications/%C3%ADndice-de-vulnerabilidad-ante-choques-clim%C3%A1ticos 9) Dominican Republic: general overview: https://www.bancomundial.org/es/country/dominicanrepublic/overview 10) National Development Strategy 1-12: https://mepyd.gob.do/mepyd/wp-content/uploads/archivos/end/marco-legal/ley-estrategia-nacional-de-desarrollo.pdf 11) APPROVED AND SIGNED-A LAW CREATES THE MINISTRY OF HOUSING: https://invi.gob.do/documents/APROBADA%20Y%20FIRMADA-Ley%20crea%20el%20ministerio%20de%20la%20VIVIENDA%20MIVHED.pdf 12) National Multi-Year Public Sector Plan: https://mepyd.gob.do/wp-content/uploads/drive/DIGEDES/PLAN%20PLURIANUAL%20SECTOR%20PU%CC%81BLICO%202017-2020/PNPSP-Plan%20Nacional%20Plurianual%20del%20Sector%20Pu%CC%81blico.pdf 13) Oficina Nacional de Estadísticas. 2011. El déficit habitacional en República Dominicana: Panorama actualizado de los requerimientos habitacionales 2010. https://one.gob.do/media/h3zm3z3q/estudiod%C3%A9ficithabitacionalrepdompanoramarequerimientoshabitacionales2010.pdf 14) Law No. 368-22 of Territorial Planning, Land Use and Human Settlements. and Human Settlements. Creates the National System of Territorial Information. G. O. No. 11092 of December 22, 2022. December 22, 2022: https://biblioteca.enj.org/bitstream/handle/123456789/125404/LE368-2022.pdf?sequence=1 15) Law 610-20. Reglamento Orgánico y Funcional del Ministerio de la Vivienda, Hábitat y Edificaciones (MIVHED). https://mived.gob.do/wp-content/uploads/2022/04/Anteproyecto-de-decreto-Reglamento-organico-y-funcional-de-la-Ley-No-160-21.pdf 16) Law No. 189-11 for the Development of the Mortgage Market and Trusts in the Dominican Republic: https://dgii.gov.do/legislacion/leyesTributarias/Documents/Otras%20Leyes%20de%20Inter%C3%A9s/189-11.pdf 17) Ventanilla Unica de la Construcción. n.d. https://www.vuc.gob.do/home 18) SEOPC, 2006. Requisitos para la aplicación del reglamento general de edificaciones y tramitación de planos. https://www.mopc.gob.do/media/1955/r-021.pdf 19) Congreso Nacional, 2007. Ley No. 171-07. https://dgii.gov.do/legislacion/leyesTributarias/Documents/Leyes%20de%20Incentivos%20y%20Fomentos/171-07.pdf 20) Congreso Nacional, 2001. Ley 16-95. https://prodominicana.gob.do/wp/wp-content/themes/ceird/ceirdpdf/Ley-16-95-sobre-Inversion-Extranjera.pdf 21) Comisión Nacional de Energia, 2012. Ley número 57-07 Sobre Incentivo al Desarrollo de Fuentes Renovables de Energía y sus Regímenes Especiales. https://www.cne.gob.do/wp-content/uploads/2015/05/REGLAMENTO-LEY-57-07.pdf 22) ACOPROVI: https://acoprovi.org/ ASONAHORES: https://asonahores.com/ 23) Frequently Asked Questions Mi Vivienda: https://mivivienda.gob.do/preguntas-frecuentes/ 24) Ministry of Housing, 2022 25) World Bank, 2020 26) CIPAF, 2021 27) World Bank, 2021. Dominican Republic Leveraging Competition in the Telecom Sector to Accelerate Economic Growth. https://documents1.worldbank.org/curated/en/203161623989071011/pdf/Dominican-Republic-Leveraging-Competition-in-the-Telecom-Sector-to-Accelerate-Economic-Growth.pdf 28) ONE, 2020. Encuesta Demanda de Recursos Humanos en la Tecnología de la Información y la Comunicación y Cooperación Empresarial Universitaria en la República Dominicana. https://www.one.gob.do/publicaciones/2020/encuesta-demanda-de-recursos-humanos-en-la-tecnologia-de-la-informacion-y-la-comunicacion-y-cooperacion-empresarial-universitaria-en-la-republica-dominicana-2019/?altTemplate=publicacionOnline 29) FAO, 2020