-
$30M Investment Fund Focuses on Detroit Housing
The Troy MI-based Kresge Foundation and a Washington nonprofit on Tuesday announced a $30 million effort aimed at building housing along Detroit’s Woodward Avenue corridor. The project will be called the Woodward Corridor Investment Fund, and will provide long-term fixed rate loans that aren’t now available through traditional financing. The aim is to allow developers to move quickly on construction projects.
- Categories
- Investing
- Tags
- housing
-
Programa Vivenda: Housing, bonds and community
Programa Vivenda is taking a different approach to the market, and has managed to spot unexplored demand and positively impact many families in the process. The startup delivers better quality of life to the population through home renovations, kits and technical assistance aimed at improving comfort and covering the expenses of owning a house.
- Categories
- Uncategorized
- Tags
- housing
-
What´s Holding Back the BoP Housing Sector?: The need is clear – so where’s the investment?
UN statistics indicate that some 67 new low-income housing units are needed somewhere in the world every minute. BoP housing and related infrastructure is massively ripe for investment, with an estimated profit potential of between US$ 177 and US$ 648 billion up to the year 2020. So why hasn’t this investment happened? Unfortunately, there are a number of reasons.
- Categories
- Investing
- Tags
- housing, infrastructure
-
Habitat for Humanity and the Citi Foundation Unveil Housing Microfinance Toolkit
Habitat for Humanity and the Citi Foundation announced the publication of a new toolkit designed to provide technical training and tools to encourage microfinance institutions to include or enhance housing microfinance products in their portfolios. The Housing Microfinance: Product Development Toolkit is intended to influence the $60 billion global microfinance sector, resulting in small, affordable loans that low-income families can use to improve their housing incrementally.
- Categories
- Finance
- Tags
- housing, microfinance
-
THE BIG IDEA: Global Spread of Affordable Housing – Now Available in Spanish: Our e-book with Ashoka is available to download and focuses on solutions in Latin America and the Caribbean
The release of "THE BIG IDEA: Global Spread of Affordable Housing" as an e-book earlier this year, was among the most-read projects for NextBillion and our partner, Ashoka. After receiving many requests for a Spanish version, we are proud to bring it to readers.
- Categories
- Uncategorized
- Tags
- housing
-
Habitat for Humanity Canada and The MasterCard Foundation partner to expand access to housing microfinance in Africa
ACCRA, Ghana, Oct. 1, 2012 /CNW/ - Habitat for Humanity Canada, Habitat for Humanity International (collectively "Habitat") and The MasterCard Foundation today announced the launch of a $6.6 million, five-year partnership to expand microfinance services to maintain and improve homes for disadvantaged families in three African countries.
- Categories
- Finance
- Tags
- housing, microfinance
-
From Pavement Begging to Stable Housing, Stable Incomes : The Equitas Bird’s Nest program is moving pavement dwellers in Chennai toward secure housing
Earlier this month, I had the opportunity to interview John about Equitas’s ultra poor pilot in Chennai. In this interview, he talks about the challenges his team faced while working with the pavement dwellers, the importance of sustainability and the road ahead for Equitas Bird’s Nest program.
- Categories
- Finance
-
12,000 Nicaraguan Families to Benefit From Improved Housing Conditions
The Inter-American Development Bank (IDB) approved a loan of up to $5 million to Nicaragua’s Foundation for the Promotion of Local Development (Prodel), paving the way for the non-profit organization serving the base of the pyramid to expand financing for basic community infrastructure and incremental home improvement projects.
- Categories
- Finance
- Tags
- housing, microfinance
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.