PUBLIC-PRIVATE PARTNERSHIPS IN AFFORDABLE HOUSING PROVISION: A SYSTEMATIC LITERATURE REVIEW

Abstract

Public-private partnerships (PPPs) have emerged as a critical mechanism in providing affordable housing addressing the global challenges associated with housing inadequacies. This systematic literature review delves into the intricate dynamics and challenges inherent in implementing PPPs, drawing insights from a meticulous analysis of 14 selected articles from the Scopus database. The review highlights the multifaceted nature of the housing crisis, emphasising the significance of effective governance, regulatory frameworks, and stakeholder collaboration in shaping sustainable and inclusive housing policies. It underscores the essential role of political commitment and pragmatic intelligence in driving successful housing initiatives, underlining the need for robust PPPs to ensure the availability of affordable housing. Addressing funding constraints, regulatory incentives, and socio-cultural dynamics are critical factors in fostering resilient and equitable housing solutions. Additionally, the review emphasises the significance of energy-efficient models, sustainable financial mechanisms, and community-centred approaches in promoting environmentally conscious and inclusive housing projects. The synthesis of critical findings underscores the evolving landscape in the affordable housing domain, emphasising the imperative for integrated and collaborative approaches that harness the expertise of the public and private sectors. This review provides valuable insights for policymakers, practitioners, and researchers engaged in developing and implementing effective housing strategies globally.