Research Article
Public Fund Optimization for Housing Finance (Case Study: Tabungan Perumahan Rakyat, Indonesia)
@INPROCEEDINGS{10.4108/eai.9-8-2022.2338624, author={Barbara Agavesia Putri and Ruslan Prijadi}, title={Public Fund Optimization for Housing Finance (Case Study: Tabungan Perumahan Rakyat, Indonesia)}, proceedings={Proceedings of the 5th International Conference on Economics, Business and Economic Education Science, ICE-BEES 2022, 9-10 August 2022, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICE-BEES}, year={2023}, month={11}, keywords={tapera public fund management housing finance low income}, doi={10.4108/eai.9-8-2022.2338624} }- Barbara Agavesia Putri
Ruslan Prijadi
Year: 2023
Public Fund Optimization for Housing Finance (Case Study: Tabungan Perumahan Rakyat, Indonesia)
ICE-BEES
EAI
DOI: 10.4108/eai.9-8-2022.2338624
Abstract
This research describes the optimization of Tabungan Perumahan Rakyat (Tapera) fund management, particularly in highlighting the balance between delivering benefits and fund sustainability. The newly implemented housing finance policy, Tapera is one of the housing finance programs initiated by the government of Indonesia through Law No. 4/2016 and Government Regulation No. 25/2020 to provide a financing alternative for the people, especially those who came from the lower-income segment (MBR). There are three main activities of Tapera fund management: fund collection from the public, fund investment to increase its value, and fund utilization for housing finance. This research is built on the qualitative approach and the analysis is conducted descriptively using the manpower base data from the Central Bureau of Statistics (Badan Pusat Statistik/BPS). This research shows that the key to Tapera fund optimization lies in the Tapera fund’s portfolio allocation for investment, deliverable benefits, and reserved funds.