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At its
2004
Annual Meeting, the Cities Alliance
Consultative Group approved the first phase of
the work programme for the Slum Upgrading Facility (SUF),
a new global facility located within the
United Nations
Human Settlements Programme (UN-HABITAT). SUF is
designed to provide technical assistance to help
cities and countries develop bankable housing
projects for low-income households, the upgrading of
slums, and for the provision of urban
infrastructure.
Jointly funded by
DFID and
SIDA, the central approach of SUF is to assist
developing countries to mobilize domestic capital by
facilitating links among local actors and by
packaging the financial, technical and political
elements into attractive investments.
Following the completion of the Design Phase during
2005, the SUF Pilot Project Implementation Phase
will run for an initial three-year period. During
this phase, a number of countries were identified to
test the SUF criteria, which include:
-
an established
local government system with a mandate for slum
upgrading, and recognized as such by central
government,
-
community groups
engaged in slum upgrading activities, and
-
an established
local capital market.
It is expected that
more detailed preparations will commence in a number
of partner countries once the personnel arrangements
and implementation teams have been appointed.
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