Providing Technical Advisory Services for Saudi Real Estate Development Fund (REDF)

  • City: Riyadh
  • Client: Saudi Arabia Real Estate Development Fund
  • Country: Saudi Arabia
  • Date: 2014

AHI was the strategic housing adviser to Ernst & Young, who served as the prime consultant in advising the Saudi Real Estate Development Fund (REDF) in developing programs to reduce the government housing wait-list, facilitate the development of affordable housing and improve housing loan collection rates. AHI assembled global benchmarks to idenify appropriate comparable program solutions, structured preliminary program proposals for client selection, and worked closely with Ernst & Young to develop program objectives, operational mechanisms, and risk mitigation for a final suit of short listed programs. The programs varied from private sector engagement and PPPs to loan service outsourcing, and a national housing savings unit.