HOUSING FINANCING STRATEGY THROUGH HOUSING FINANCING LIQUIDITY FACILITY (FLPP) IN INCREASING ACCESS TO DECENT HOUSING FOR LOW-INCOME COMMUNITIES IN INDONESIA

Abstract

The Housing Financing Liquidity Facility Program (FLPP) is a strategic government policy to increase access to decent housing for Low-Income Communities (MBR) in Indonesia. This study aims to analyze the effectiveness of the FLPP program, identify the main obstacles in its implementation, and formulate the right financing strategy to improve the efficiency, equity, and sustainability of the program. The method used is a qualitative-descriptive approach with a literature study from various literature and the latest secondary data. The results of the study show that FLPP has a significant role in increasing home ownership by MBR, especially in urban areas. However, challenges such as inequality in distribution between regions, limited participation of developers outside Java, and infrastructure obstacles in underdeveloped areas are still the main obstacles. Therefore, an adaptive, inclusive financing strategy, and collaboration between the government, private sector, and financial institutions need to be implemented to ensure the sustainability and equity of the benefits of the FLPP program throughout Indonesia.