Housing Recovery Project (WB-P166537)

Countries
  • Dominica
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
Apr 13, 2018
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.
Borrower
Dominica Ministry of Finance
The holder of the loan, grant, or other investment.
Sectors
  • Humanitarian Response
  • Industry and Trade
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 30.00 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)
$ 40.00 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 Jun 27, 2018

Disclosed by Bank Mar 20, 2018


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Project Description

According to the World Bank, this project will contribute both to the recovery of households affected by Hurricane Maria and to the improve the application of resilient building practices in the housing sector. To accomplish these goals, the project has 3 main components as follows. 

1. Support for Housing Recovery Systems and Capacity Building: This part of the project, organised around setting up systems to manage, expedite, and monitor the housing program, includes three subcomponents: Development Planning Support to Technical Assistance Centers and the Project at the Local Level; (ii) Development of Management Information Systems, to Support Planning and Monitoring Processes in Project Agencies; and (iii) Technical Design of a New Physical Development Planning Office.

2. Support for Reconstruction of Houses: This component aims to deliver subsidies for owner-driven reconstruction and replacement of damaged and destroyed homes. It features two subcomponents, Support for Reconstruction of Houses and Design and Supervision of House Reconstruction. 

Investment Description
  • World Bank (WB)
Contact Information

ACCOUNTABILITY MECHANISM OF WORLD BANK

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