Second Habitat and Urban Land Project

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The development objective of the Second Habitat and Urban Land Project for Argentina is to: (i) promote formal and planned urban growth in selected cities; (ii) improve living conditions for households in selected precarious urban settlements; and (iii) respond effectively in case of an eligible crisis or emergency. The project comprises of four components. The first component, formal and planned urban growth will promote formally planned, sustainable, climate resilient, and inclusive urban areas through the production of sites and services. It consists of following sub-components: (i) preparation of studies, urban planning, and land management instruments to improve urban management capacities; and (ii) carrying out sites and services subprojects. The second component, sustainable habitat improvement will improve the living conditions of households in slums, informal settlements, and degraded areas (VAA), through urban transformation subprojects in a scalable, low-carbon and climate resilient way. It consists of following sub-components: (i) increasing security of land tenure; (ii) developing integrated urban infrastructure; and (iii) supporting community development. The third component, institutional strengthening and project management will finance studies and analytical activities to strengthen the national and subnational governments’ capacities for the efficient and scalable implementation of habitat, land, and housing policies and projects and support project management. It consists of following sub-components: (i) supporting habitat, housing and land policies, and capacity strengthening; and (ii) project management. The fourth component, contingent emergency response is a contingent financing mechanism available to Argentina to have immediate access to Bank financing to respond to an eligible crisis or emergency, defined as an event that has caused, or is likely to imminently cause, a major adverse economic and or social impact associated with natural or man-made crises or disasters.