The project has four main objectives: (a) provide serviced residential lots at affordable prices specifically targeted to squatter and low-income families; (b) provide medium-term financing to eligible private sector property developers for construction of housing for low-income families; (c) foster the participation of private sector banks in the housing finance sector; and (d) improve the housing finance sub-sector, housing subsidy policies and the land delivery process. Bank financed components include: (a) the preparation of serviced lots by the Societe Nationale d'Equipement et de Construction (SNEC); (b) sub-loans to private sector developers exclusively for constructing serviced lots and houses; (c) studies for the Ministry of Housing to review the housing finance sector, the level and distribution of land/housing subsidies, the land delivery process and market performance, and socio-economic impacts of rehousing; and (d) technical assistance to enhance the institutional capacity of SNEC and the Credit Immobilier et Hotelier.
Details
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Document Date
1993/07/14
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Document Type
Staff Appraisal Report
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Report Number
11693
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/08/30
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Disclosure Status
Disclosed
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Doc Name
Maroc - Projet d'amenagement de terrains destines aux familles a faible revenu
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Keywords
Poverty; Housing finance; Land development; Housing subsidies; Low cost housing,,
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Citation
Morocco - Land Development Project for Low Income Families : Maroc - Projet d'amenagement de terrains destines aux familles a faible revenu (French). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/403661468121750414/Maroc-Projet-damenagement-de-terrains-destines-aux-familles-a-faible-revenu