Habitat for Humanity International and Symbiotics Join Forces to Accelerate and Scale Affordable, Inclusive and Sustainable Housing Finance
Habitat for Humanity International, a leading global nonprofit dedicated to innovating new ways of building, repairing and financing safe, affordable homes around the world, and Symbiotics, the leading market access platform for impact investing, have come together to launch MicroBuild® Fund 2, a global private credit fund designed to expand and deepen the affordable housing finance ecosystem in emerging markets.
“One in three people on Earth don’t have a safe, affordable home, and the global need has accelerated in recent years as more and more housing markets have broken,” said Habitat for Humanity International CEO Jonathan Reckford. “We must scale innovative solutions to meet this challenge. The MicroBuild Initiative, including the fund, is a cornerstone of Habitat’s impact strategy over the next decade. Through our strategic partnership with Symbiotics, we plan to leverage as much as $5 billion in financing globally to expand access to inclusive, affordable, sustainable housing.”