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LOANS & CREDITS March 20, 2020

Egypt - Inclusive Housing Finance Program-for-Results - Additional Financing

WASHINGTON, March 20, 2020 - The World Bank’s Board of Executive Directors today approved the following project:

Egypt - Inclusive Housing Finance Program-for-Results - Additional Financing

IBRD Loan: US$500 million

Project ID: P168582 

Loan maturity: 35 years – Grace period of 5 years 

Project Description: The project will improve the affordability of formal housing for low-income households in the Arab Republic of Egypt and strengthen the Social Housing and Mortgage Finance Fund’s (SHMFF) capacity to design policies and coordinate programs in the social housing sector.


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