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URBAN III

Sector: Residential • Location: Morocco

Source: World Bank Group

Project
Closed

The Housing Development Project is designed to: (a) increase the housing stock serving low-income groups in Morocco; (b) assist CIH in its efforts to encourage both private and public developers to produce low income housing; and (c) develop CIH's appraisal ability in this field. To achieve these objectives the project will finance construction of low-cost housing schemes for subsequent sale of ho

Status
Closed
Sector
Residential, Government
Location
Morocco
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “URBAN III” is an infrastructure initiative in the Residential sector, located in Morocco. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

closed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Housing Development Project is designed to: (a) increase the housing stock serving low-income groups in Morocco; (b) assist CIH in its efforts to encourage both private and public developers to produce low income housing; and (c) develop CIH's appraisal ability in this field. To achieve these objectives the project will finance construction of low-cost housing schemes for subsequent sale of housing units targeted at the selected income group through CIH and a technical assistance program to CIH. The direct benefits from the project will be the provision of about 13,000 new housing units affordable to households in the lower half of the urban income distribution, with monthly incomes below $330. About 40 percent of these units will benefit population with incomes below the urban poverty threshold, about $170 per household per month. The project will also promote home ownership as a means of mobilizing individual savings and help to reduce government subsidy in the housing sector through increased interest rates.

Original sector

(Historic)Urban Development

Location

Country

Morocco

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Residential, Government

Article published date

2025-12-17

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