Ansar Management Company
Commercial Housing for Low-Income Urban Squatters
The Challenge
- With poverty rates nearing 50% and accumulated housing deficit of 6 million units, the development and supply of affordable housing presents itself as a great challenge in urban Pakistan. .
- Current forecasts of rural-urban migration predict that low income populations in major urban centers are expected to double in the next fifteen years and will further strain the existing housing shortage in Pakistan.
- Among the very few organizations actually addressing the affordable housing shortage is Saiban, pioneering the incremental housing model and an existing Acumen Fund investment.
The Innovation
- Ansaar Management Company (AMC) is a commercial, low-cost housing development and management company.
- AMC leverages the crucial lessons and insights from Saiban's Khuda ki Basti (KKB) model where there is a strong emphasis on self-reliance and community development.
- AMC takes the Saiban incremental housing model further with a strong focus on scalability and sustainability through its for-profit, low-cost approach.
- AMC will serve the income segment earning between $85-300 per month ($2-10 per day) - income groups that are inadequately served by the public and private sectors.
The Impact
- AMC has the potential to be the first commercial low-cost housing company with the initial target of reaching over 2,500 lower income families in Pakistan through its first project.
- With a strong focus on community development, the company provides an integrated approach to affordable, quality housing solutions with a long term vision to scale affordable housing at a national level.
