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ME-L1103 : Global Credit Program for Development of Mortage Markets IV

Project Status: Closed

The general objective of the program is to help reduce the housing deficit in Mexico by financing the construction of low-income housing and by funding financial intermediaries in order to facilitate access to housing for unaffiliated workers. The program¿s specific objectives are: (i) to increase the construction of low-income housing by providing credit to developers to boost housing stock (bridge loans); and (ii) to increase access to housing for workers unaffiliated with social security by providing credit solutions (mortgages, microloans, and self-construction loans)

Project Detail

Project Number

ME-L1103

Project Country

Mexico

Project Sector

FINANCIAL MARKETS

Project Subsector

MORTGAGE MARKET DEVELOPMENT

Project Type

Loan Operation

Project Lending Type

Project Modality

ESP (Specific Investment Operation)

Project Facility Type

Environmental and social impact category

B13

Project Status

Closed

Operation Number

2760/OC-ME-1

Financial Information

Project Number

ME-L1103

Project Status

Closed

IDB Financing

Financing type

FFF

Fund

Ordinary Capital

Reporting currency

USD - United States Dollar

Reporting date

Jun/30/2023

Roles & Responsibilities

Contract signature date

Nov/15/2012

Operation Number

2760/OC-ME

Financial Information

Project Number

ME-L1103

Project Status

Closed

IDB Financing

Financing type

FFF

Fund

Ordinary Capital

Reporting currency

USD - United States Dollar

Reporting date

Jul/18/2023

Roles & Responsibilities

Contract signature date

Nov/15/2012

Project Information

Total Cost

USD 229,000,000

Country counterpart financing

USD 0

Amount

USD 229,000,000

Approved

Title

Type

Project Number

Date Published

Loan Contract

Contrato Parte III - Cuarto Programa Global de Crédito para el Desarrollo de Mercados Hipotecarios Eficientes e Inclusivos en México, bajo la Linea CCLIP para el Desarrollo de Mercados Hipotecarios Eficientes e Inclusivos en Mexico

Loan Contract

2760/OC-ME;2760/OC-ME-1;ME-L1103

November 15, 2012

Loan Contract

Cuarto Programa de Desarrollo de Mercados Hipotecarios Eficientes e Inclusivos en México

Loan Contract

2760/OC-ME;ME-L1103

July 26, 2012

Loan Contract

Fourth Program for the Development of Efficient and Inclusive Mortgage Markets in Mexico

Loan Contract

2760/OC-ME;ME-L1103

July 26, 2012

Loan Proposal

SHF Efficient and Inclusive Mortgage Markets in Mexico

Loan Proposal

ME-L1103;ME-X1006

July 19, 2012

Loan Proposal

SHF Mercados Hipotecarios Eficientes e Inclusivos en Mexico

Loan Proposal

ME-L1103;ME-X1006

July 18, 2012

Loan Proposal

IGAS. Informe de Gestión Ambiental y Social

Loan Proposal

ME-L1103;ME-X1006

April 16, 2012

Implementation

Title

Type

Project Number

Date Published

Project Monitoring Report ( Public version)

ME-L1103 First period Jan-Jun 2014-Public Report