FIFTH URBAN

closed

While centered on the transformation of the Banque de l'Habitat (BH) into a housing bank, the projects scope is sectorwide. The Fifth Urban Project is composed of three components: (i) housing finance; the core of the project, which includes the transformation of the Savings and Loan Fund (CNEL) into a housing bank (BH) into a housing bank, with the necessary accompanying measures like training and technical assistance, as well as a line of credit to the new bank; (ii) institution strengthening of the Ministry of Housing to implement and monitor the new housing policy adopted by the Government, including a new regulatory framework facilitating private land and housing development and reconstruction of the parastatals SNIT (housing company) and AFH (land developer); (iii) land information management including the modernization of land registration and the production of base topographical maps.