Since 2005, Monitor Group, the World Bank, and the National Housing Bank of India have been working together to find market-based solutions to India’s housing crisis.

Current reports estimate that 43 million people (nearly 15% of India’s urban population) currently reside in slum settlements. This represents a shortage of 24.7 million urban housing units, which is expected increase by nearly 2 million housing units per year due to urban migration.

Not only does this housing problem present a massive opportunity to improve lives and quality of life, it also represents a market opportunity of $144 billion.

Over the past 18 months, Capital Impact has worked with Jim Sorenson and Monitor Group in performing due diligence on low-income housing developments, building technologies, and low-income mortgages.