General Assessment

    Variable(2015)
    Data
    Main constraints in the development of the housing finance sector The lack of a formal mortgage sector in the economy is the most obvious hindrance from having a working housing finance system. The added context of more than half of Haiti's population living in abject poverty makes this situation even more difficult. There are also governmental hurdles--namely problems with corruption and intensive bureaucratic roadblocks to establishing an efficient system of property registration.
    New developments that will have a major impact on the sectorThere are aid programs currently being disbursed in Haiti that aim to address the nation's housing woes, although the scope and effectiveness of these programs on a large scale will likely only serve to mask the problem of a largely defunct housing system nationwide.
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    Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
    Notes: 2013 - 2015 median house value represents average of range (240k - 315k) for a 3 bedroom / 3 bathroom house just outside Port au Prince.
    Notes: 2013 - 2015 median house value represents average of range (240k - 315k) for a 3 bedroom / 3 bathroom house just outside Port au Prince.
    Notes: 2013 - 2015 median house value represents average of range (240k - 315k) for a 3 bedroom / 3 bathroom house just outside Port au Prince.
    Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
    Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
    Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
    Notes: Aid programs like OPIC, the Clinton Bush Haiti Fund, and USAID have provided financing in the form of loans and grants to mortgage lending vehicles to facilitate borrowing--especially since the aftermath of the earthquake in 2010.
    Notes: Capital gains tax of 15%.
    Notes: Land Transfer Tax of 3.5-7%.
    Notes: National Percentage
    Notes: page 68
    Notes: Project launched in 2013 in conjunction with Development Innovations Group (DIG) in order to offer housing micro-finance loans that start from as low as $1,000.
    Notes: Project launched in 2013 in conjunction with Development Innovations Group (DIG) in order to offer housing micro-finance loans that start from as low as $1,000.
    Notes: Project launched in 2013 in conjunction with Development Innovations Group (DIG) in order to offer housing micro-finance loans that start from as low as $1,000.
    Notes: Property tax of 15% of rental value of the property.
    Notes: Tax of 0.5% to 7% of loan.
    Notes: The Development Innovations Group (DIG) began offering housing MFI loans in Haiti in 2013 to aid with the relief from the 2010 earthquake.
    Notes: The Development Innovations Group (DIG) began offering housing MFI loans in Haiti in 2013 to aid with the relief from the 2010 earthquake.
    Notes: The Development Innovations Group (DIG) began offering housing MFI loans in Haiti in 2013 to aid with the relief from the 2010 earthquake.
    Notes: There is currently no mortgage system in Haiti, although air projects from governments and NGOs around the world are looking to change this currently.