Fin Mark Trust (Fin Mark) has appointed Shisaka to undertake research into the extent to which the housing subsidy program has translated into a housing asset benefit for beneficiary households.   Fin Mark seeks to understand what this means in real terms for the households concerned and the communities in which they live.  In addition, identify whether there are stumbling blocks that prevent or limit the performance of these assets. The objectives of the study are to track the performance of the government-subsidized housing asset as demonstrated through formally registered transactions and consider the impact this has had on subsidy beneficiaries and test this analysis against the impressions of current occupants, and understand the other ways in which housing performs as an asset for its residents. The understanding the role of other factors (finance, municipal investment, job creation, social capital, community development, and so on) in enhancing this performance. The Develop policy recommendations (national, provincial and local) to overcome identified barriers and improve the potential for housing asset performance. Communicate this experience widely.