Low Income Housing Program

THE PROGRAM WOULD CONSIST OF TWO COMPONENTS: (I) AN INVESTMENT COMPONENT ORIENTED TO THE FINANCING OF NEIGHBORHOOD UPGRADING AND NEW HOUSING; AND (II) INSTITUTIONAL STRENGTHENING COMPONENT TO SUPPORT THE EFFORTS TO RATIONALIZE HOUSING POLICIES AND INSTITUIONS WORKING IN THE SECTOR.

Project Detail

Country

Venezuela

Project Number

VE0055

Approval Date

May 15, 1996

Project Status

Closed

Project Type

Loan Operation

Sector

URBAN DEVELOPMENT AND HOUSING

Subsector

HOUSING

Lending Instrument

Investment Loan

Lending Instrument Code

INV

Modality

GOM (Global of Multiple Works Operation)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 87,000,000.00

Country Counterpart Financing

USD 35,000,000.00

Original Amount Approved

USD 52,000,000.00