PE-L1161 : Fondo MiVivienda Sustainable Social Housing Partnership

Project Status
Approved

The objective of the proposed loan is to expand housing finance for low and middle-income families in Peru through a partnership with Fondo MiVivienda (¿FMV¿). The proposed Housing Finance Partnership (the ¿Partnership¿) will provide adequate funding for FMV to expand access to mortgage finance and banking penetration for the underserved population in Peru, and will contribute to the reduction of the housing deficit in the country. This partnership will also serve as a breakthrough in the green housing segment in Peru, supporting the creation of a green mortgage market with adequate incentives and eligibility criteria that meets international standards and the local context

PROJECT DETAIL

Project Number PE-L1161
Financial Information
Project Number PE-L1161
Project Status Approved
IDB Financing
Financing Type Private Sector Loan
Fund CHC
Reporting currency USD - United States Dollar
Reporting Date OCT 31, 2017
Roles & Responsibilities
Contract Signature Date
Financial Information
Project Number PE-L1161
Project Status Approved
IDB Financing
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date OCT 31, 2017
Roles & Responsibilities
Contract Signature Date
Country Peru
Sector FINANCIAL MARKETS
Subsector FINANCIAL MARKETS-MORTGAGE MARKET DEVELOPMENT
Project Type Loan Operation

PROJECT INFORMATION

Total Cost H USD 150,000,000
IDB Financing
Reporting currency USD - United States Dollar
Estimated Cofinancing(s) USD 150,000,000
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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Preparation

Approved

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