Integrated Habitat and Housing Project (WB-P159929)

Countries
  • Argentina
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Feb 27, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Construction
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 200.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 206.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Aug 24, 2017

Disclosed by Bank Dec 9, 2016


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
The development objective of the Integrated Habitat and Housing Project for Argentina are to: (i) increase access to formal housing for eligible households; and (ii) improve living conditions for households in selected precarious urban settlements. The project consists of various components, including: 1) increased access to formal housing will finance the provision of up-front subsidies to selected beneficiaries . It will support the roll-out of the first nation-wide demand-driven housing subsidy program, the Solucion Casa Propia Program (SCPP). 2) integrated habitat improvement will finance subproject interventions in precarious urban settlements that meet basic eligibility criteria. 3) institutional strengthening of the Federal, Provincial and Municipal governments in the housing, habitat and urban sectors through, inter alia, the provision of support to strengthen SVH’s capacity to implement the project, including: assessments; (b) design and implementation of an evaluation study for SCPP; among others. Key results identified by the Bank are to benefit: (i) an estimated 3,000 middle-income households with access to formal housing; and (ii) an estimated 18,000 households in selected precarious settlements with improved living conditions.
Investment Description
  • World Bank (WB)
The International Bank for Reconstruction and Development will provide $200 million, and the Government of Argentina will contribute $6 million.
Contact Information
ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.