Strengthening the Revitalization of Heritage Neighborhoods and Safe and Inclusive Infrastructure.”

The objective of this operation is to continue the implementation of management models for the revitalization of neighborhoods and heritage infrastructure, with a view to: (i) improving the habitability conditions and neighborhood environment of the resident population; (ii) developing neighborhood structures with heritage value; (iii) boosting neighborhood business and cultural activities; and (iv) encouraging resident participation in the revitalization efforts.

Project Detail

Country

Chile

Project Number

CH-L1180

Approval Date

Project Status

Preparation

Project Type

Loan Operation

Sector

URBAN DEVELOPMENT AND HOUSING

Subsector

URBAN REHABILITATION AND HERITAGE

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

LBR (Loan Based on Results)

Facility Type

Environmental and Social Impact Category (ESIC)

Category B: Likely to cause mostly local and short-term negative environmental and associated social impacts and for which effective mitigation measures are readily available

Total Cost

USD 50,000,000.00

Country Counterpart Financing

Original Amount Approved

USD 50,000,000.00