Public Private Dialogue (PPD) is an institutional arrangement that engages the public and private sector in discussions to resolve issues. These dialogue sessions may last for a few hours or continue for several months or years until an inclusive policy is formulated. This study focused on public-private dialogue in housing policy formulation in Lagos State. It explored how PPD can create increased housing delivery through innovative changes in policy formulation. Studies show that proactive public and private sector engagements create better opportunities for housing policy formulation. The government should intensify efforts and create opportunities for private participation in discussions through town hall meetings and dialogue sessions to formulate workable housing policies and reforms that will help actualize the housing needs of the citizens. The study employed selective sampling. Data was obtained through administered questionnaires on a population of 150 household heads in IKorodu on how involved they were in formulating Lagos State government housing policies. The data collected was analyzed using descriptive statistics. The results show that State housing policies were designed through public sector initiatives with little or no input from the private sector. The study further revealed that institutions that adopt the PPD approach in their engagements and operations have higher staff motivation and increased productivity