Abstract
The scarce money and the devolution were the two main reasons for the change of Indonesian housing policies after the Asian economic crisis in 1997. A housing finance support program for specific house types for low-and-modest-income people, which had been implemented for more than 20 years with no substantial changes, was the pillar of government housing programs as far as public money was concerned Taking criticism and advice from donor organizations, the government decided to change the scheme into a more market-oriented form. However new housing policies including the housing finance support program have got to accommodate Indonesian social and cultural context as well.
