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News

IFC Provides Financing for $200 Million to Banco BICE to Expand Mortgages for Women in Chile

The loan will have a five-year tenor and a three-year grace period, helping Banco BICE increase and diversify its long-term financing to support the housing portfolio growth.

News

Britam and Habitat for Humanity Expand Partnership to Strengthen Property Insurance Penetration Rate in Kenya

Britam General Insurance and Habitat for Humanity International (HFHI) – Terwilliger Centre for Innovation in Shelter (TCIS), have signed a Memorandum of Understanding (MoU) to tackle the low market penetration of property insurance, which currently stands at 0.5%. 

News

Symbiotics Capacity Building Enhances Access to Affordable Housing for Smallholder Farmers and Microentrepreneurs in Kenya

With funding from REGMIFA, Symbiotics Capacity Building facilitates the design and roll-out of JKL’s housing micro loan with the support of Housing Development Finance Consultants Africa “HDFC” Ltd.

News

Incofin India Progress Fund Invests $4.3 Million in Varashakti Housing Finance

The series A funding comes from Incofin India Progress Fund, a private equity fund launched in 2021. As of June 2023, Varashakti Housing Finance offers home loans, home improvement loans, loans against poverty and small ticket business loans.

News

Operation HOPE and Fulton Bank Partnership Generates Nearly $1 B in Loans to Low- and Moderate-Income Homebuyers

Fulton Bank has helped facilitate more than $968 million in loans to more than 5,700 homebuyers under the Closing Cost Assistance Program, and that cumulative total is on track to hit $1 billion in loans in 2023

News

IFC Announces $300 Million Loan to Banistmo to Boost Financing for SMEs and Preferential Mortgages

The investment will allow Banistmo to address two development challenges simultaneously by reducing the financing gap for SMEs and addressing the country's housing deficit.

News

TMRC Signs MoU With Habitat to Boost Housing Finance

This is the first step in the organizations' joint effort to expand and strengthen the low-income housing finance sector in Tanzania. 

News

AFC Increases the Share of Energy Efficient Mortgage Loans in Armenia

More than 40 percent of the loan amount was allocated to energy efficient housing projects, i.e. purchase of new energy efficient apartments, as well as individual house constructions and renovations.

Paper

The Growth and Performance of Affordable Housing Finance Lenders in India

Using several classification techniques, the paper assesses the growth and performance of affordable housing finance companies across the country.

News

IFC Partners With Banco G&T Continental in Guatemala to Launch Its Climate Finance Business, Expand SME and Housing Finance

The $80 million-dollar funding will help G&T launch its climate finance business, a first in the country, focusing on financing green buildings and green housing projects.