URBAN III
Sector: Residential • Location: Morocco
Source: World Bank Group
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
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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