Delivery Mechanism
Housing-HAM
A housing-adapted annuity-style delivery approach within PSDM. Public payments are linked to verified construction milestones and long-term performance — reducing upfront fiscal pressure while strengthening accountability and public control.
Mechanism
Three operating characteristics
Milestone-linked
Payments tied to verified construction progress and quality.
Performance-based
Ongoing payments aligned with service and affordability standards.
Fiscally disciplined
Smoothed expenditure profile with public oversight retained.
Why It Matters
Aligning fiscal discipline with housing outcomes
By linking payments to verified milestones and long-term performance, Housing-HAM helps public authorities expand delivery capacity without compromising fiscal discipline or relinquishing public ownership.
The mechanism reinforces PSDM's core commitments: long-term affordability, tenant protection, lifecycle stewardship, and outcome-based accountability.
Suitability
Where Housing-HAM fits
- Large-scale affordable housing programs
- Public housing renewal portfolios
- Mixed-income community delivery
- Transit-oriented development
- Government land development
- Long-term lifecycle programs