MALAYSIA: After a long process of study and consultation and exploration of possible models, our friends in the historic city of Georgetown, in Penang, are finally coming close to setting up their Community Development Fund, which will hopefully become a tool for supporting Georgetown’s more vulnerable residents - especially renters - who are in danger of being thrown out of their city, as it’s historic shop-houses are gentrified and turned into boutiques and galleries. A two-day workshop on “Affordable housing through CDF” was organized by ThinkCity, Georgetown World Heritage, ACHR and CAN, November 23-24. Teams from Nepal, Indonesia and Thailand (all of whom have experiences with both CDFs and people-driven historic preservation) joined some 40 local participants who are tenants, local activists, preservationists and friends from Think City, who will be providing seed capital to set up the fund.
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Georgetown