The development objectives of the Teresina Enhancing Municipal Governance and Quality of Life Project for Brazil are to: (i) modernize and improve the management capacity of Teresina municipal government in the financial, urban, environmental, service-delivery, and economic development fields; and (ii) improve the quality of life of the low-income population of the Lagoas do Norte region of the city. The additional financing (AF) will be used to cover a financing gap in the ongoing United States (U.S.) 31.13 million dollars loan, and enable the completion of originally planned activities. The project will finance specific social and economic interventions to improve health and quality of life, as well as promote job creation and local economic growth. The additional loan will consolidate the interventions already built under the first phase and further catalyze the transformation of low-income neighborhoods in the Lagoas do Norte region. In addition, the activities financed by the additional loan will be a central element in integrating the Lagoas do Norte region within the social fabric and urban dynamic of the rest of the city.
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