National Capital District Commission (NCDC) in Papua New Guinea in assistance with International Finance Corporation (IFC) has issued a notice inviting technical and legal consultant for the Green Affordable Housing project. The project aims to create a market for affordable, green and climate-resilient housing through a model pilot Public-Private Partnership (PPP) which unlocks government land, leverages government and private sector contributions and demonstrates a model for large-scale affordable housing development to reduce the growth of the city's informal settlements.

The project will be structured as a mixed-income housing project comprising a mix of single-unit family dwellings and affordable flats constructed in G+2 (3 levels) buildings, to encourage greater density, whilst culturally appropriate, with adequate amenity, connectivity and with due regard to the environment. Profits made on single-unit dwellings marketed to mid-higher income earners will be used to cross-subsidize the price of affordable G+2 flats for low-middle income earners. The government contribution is expected to come in the form of a combination of some or all of the following: (a) land; (b) trunk infrastructure; and (c) duty/tax concessions for the Project. The aim is that this contribution, along with project structuring and strong competition, will drive prices down to affordable levels.

The technical consultant will provide technical advice and assistance for the implementation of this project. The deadline to submit a response for technical consultancy is August 29, 2019.

The legal consultant will provide assistance to IFC in all legal aspects of the Project, including detailed legal review of institutional policy and regulatory frameworks pertaining to the affordable housing sector in PNG, providing inputs on the transaction structure, drafting project documents and assisting with responding to the bidder and client queries pertaining to the bid documents and on related matters. The legal consultant will be required to prepare a legal due diligence report detailing the review of legal and regulatory issues and risks and suggesting international best practices that could be incorporated in the proposed structure and draft bid documents to address concerns raised by investors, lenders and other relevant stakeholders. The deadline to submit a response for Legal consultancy is September 11, 2019.