AFI, Habitat for Humanity, and Central Bank of Egypt Hold Successful Housing Finance Workshop in Cairo
The event, attended by members from ten AFI institutions, explored low-cost housing models, green housing finance, subsidies in housing finance, and strategies to engage housing finance ecosystem stakeholders.
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.
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%.
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.
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.
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
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.
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.
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.
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.