The Challenge

Poverty rates in Pakistan are nearing 50 percent. The country faces a housing shortage of six million homes, and forecasts predict that low-income populations in major urban centers are expected to double in the next 15 years.

Half of the urban population lives in unplanned squatter settlements that lack electricity, clean water and sanitation. Despite the deplorable conditions, residents are required to pay considerable rents. Without legal title to the land they live on, they can be evicted at any time and hold no economic collateral with which to gain access to formal credit markets.

The Innovation

AMC’s model was inspired by Saiban, a not-for-profit housing project management company dedicated to addressing the challenges of low-cost housing in Pakistan, while differing from it in its for-profit approach and focus on sustainability and scalability; the model uses cross-subsidization to make quality housing affordable to its low-income target market.

The Impact

AMC successfully rolled out three housing projects for low-income communities, including a 100 unit project for flood rehabilitation with Pakpur Foundation; a 165 unit project with Engro; and a 115 unit project with Pakpur Foundation and PPAF. AMC’s vision is to scale across Pakistan and become a global leader in the provision of affordable housing communities.