Business

IIFL HFL-ADB inks $68mn housing loan pact

Published

09/03/2022

IIFL HFL has signed a $68 million loan agreement with ADB to improve financial access to affordable green housing for lower-income groups in India. The funding involves a direct ADB loan of up to $58 million and a $10 million..

concessional loan by the Canadian Climate Fund for the Private Sector in Asia (CFPS). 80 per cent of ADB’s loan will be earmarked for lending to women borrowers or co-borrowers and 20 per cent will be allocated to financing mortgages for green-certified homes.

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In this article:ADB, cimr, construction, Feature, housing, IIfl, india, infra, Loan, metro, News, pact, project, projects, road

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