A global pandemic response that requires staying at home, washing hands and social distancing simply will not work for over a billion people in low and middle-income countries. At present, only one in five people living in informal settlements in urban Africa have access to clean and safe water. And less than 20% of people globally have any form of unemployment protection.
Covid-19 has highlighted that decent, sanitary and affordable homes with running water, clean energy and enough space is a frontline defence against the health and economic impacts of pandemics.
Reall’s Response
The need for affordable housing solutions at scale is urgent, not only for this disaster but to build resilient cities that allow residents the capability to withstand future shocks and to kick start economic recovery. If we do not act, the implications of global economic shocks could exact an even greater human toll than the virus itself.
Reall has a commercially and environmentally viable solution for the rapid scaling of affordable housing and have proven we can build at an average price point of $10K.
Housing as Healthcare
Housing for Resilient Cities and Residents
Housing as Recovery
Reall’s Response to Covid-19
Investing in the rapid and widespread construction of decent, affordable housing needs to be a key funding priority now more than ever. It’s clear that investing in affordable housing solutions delivers on many fronts “ for healthcare, pandemic protection and prosperity. An affordable house is a gateway to answering 16 of the 17 Sustainable Development Goals.
This is an urgent time for innovation and finding new and better ways to tackle our global challenges. Today there is a deficit of 50 million houses in Africa and 70 million in South Asia; 300 million new homes will be needed by 2030 to meet the demand. Affordable housing is one of the most comprehensive and sustainable responses we have in the face of the current pandemic and future public health catastrophes.
To date, Reall have supported over 300,000 low income people gain access to safe homes with washrooms and clean energy to protect them and limit transmission of Covid-19 to the wider community.
We now need the same commercially viable and sustainable solution to be scaled up for the 1.2 billion people on low incomes without adequate shelter.
The United Nations climate summit, COP25, starts today in the Spanish city of Madrid where climate leaders will push to scale up action and investments into rapidly reducing global greenhouse gas emissions and support broader sustainable development agendas, specifically addressing …
The ribbon-cutting ceremony was attended by Reall’s Director of Investment and Operations Patrick Domingos-Tembwa, Mayor of Beira Daviz Simango and Casa Real Director Marie Odile. The celebration was particularly poignant as these homes managed to withstand the destruction of Cyclone…
Reall are delighted to be partnering with India-based technology firm, Syntellect. Syntellect are committed to giving unbanked people the opportunity to access mortgage finance across Africa and Asia. Syntellenct has created RightProfile, a customer profiling platform designed to help lenders …