Using Pay-for-Results to Catalyze Affordable Housing Development
The Haiti Homeownership and Mortgage Expansion (HOME) program was a five-year, $10-million USAID-funded initiative, implemented by World Council of Credit Unions (WOCCU), that sought to use a Pay-for-Performance, or Pay-for-Results, model, developed in collaboration with the Affordable Housing Institute (AHI), to catalyze the development of an affordable housing market.
This case study is intended to leverage the experience of Haiti HOME to showcase both the potential of Pay-for-Results to achieve meaningful development outcomes and the challenges inherent in designing and implementing a Pay-for-Results initiative. It analyzes the program’s methodology for designing its Pay-for-Results incentive structure, its results, and lessons learned. The study draws upon internal project documents, information obtained through interviews with project stakeholders, and additional resources.