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IFC International Finance : and HDFC Partner to Promote Affordable Green Housing Finance for Low-income Borrowers in India
07/25/2021 | 02:08am EDT
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New Delhi, India, July 25, 2021-Low- and middle-income borrowers will be able to own homes with improved access to finance, thanks to a new investment aiming to boost affordable housing finance in India, while supporting the country s climate goals by focusing on green affordable housing. IFC s $250 million loan to HDFC Ltd-India s largest housing finance company-will support its moves to grow its affordable housing and emerging green affordable housing portfolio by improving access to such housing for people on lower incomes. Aligned with the government of India s goal to provide Housing for All, the funding will also help generate jobs.
HDFC partners with IFC partner to promote affordable green housing finance
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