In many parts of the world, the housing stock is inadequate to meet the needs of rapidly growing populations and increasing urbanization. In addition, home ownership is a primary means of achieving financial security and social stability. The lack of mortgage financing in much of the world presents an insuperable obstacle to increasing the supply of housing and widening opportunities for home ownership. The mission of IHFD is to ensure that more affordable housing for low and moderate income households becomes a reality in various parts of the globe, adequate and affordable mortgage home financing means and assistance is provided to those that require it, and improved economic opportunities for these citizens are brought about.
