| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 505.50 |
MX FOVI RESTRUCTURING
Abstract*
The Government Housing Finance Fund (FOVI) Restructuring Project supports the sound development of the social interest housing sector through greater private sector participation in its financing. It supports a transitional phase for FOVI, during which it will undertake a major restructuring. The project has three components: a) financing for FOVI's lending program; b) FOVI institutional development program including primary and secondary market development... Show More
Development Objective
Amended in 2003. It develop the Mexican housing and housing finance sector thro ugh: (1) the restructuring and institutional strengthening of FOVI; and (ii) the increase of the flow of funds for Mexican housing and housing finance sector.
Key Details
Project Details
P007610
Closed
Mario Guadamillas
N/A
March 22, 1995
(as of board presentation)
March 4, 1999
January 11, 2000
US$ 505.50 million
N/A
1999
US$ 505.50 million
C
Not Applicable
June 30, 2005
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 505.50 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 505.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 505.50 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 4, 1999 | IBRD-44430 | Loan Commitment | 505,049,984.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2005-04-27 |
| Financial Management | Satisfactory | 2005-04-27 |
| Monitoring and Evaluation | Satisfactory | 2005-04-27 |
| Overall Implementation Progress (IP) | Satisfactory | 2005-04-27 |
| Counterpart Funding | Satisfactory | 2005-04-27 |
| Procurement | Satisfactory | 2005-04-27 |
| Project Management | Satisfactory | 2005-04-27 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 09-19-2006 | PROJECT PERFORMANCE ASSESSMENT REPORT: 04-20-2010 |
|---|---|---|
| Outcome Rating | Moderately Satisfactory | Moderately Satisfactory |
| Risk To Development Outcome | Not Rated | Significant |
| Bank Performance | Satisfactory | Moderately Satisfactory |
| Borrower Performance | Satisfactory | Satisfactory |
| Government Performance | Satisfactory | Satisfactory |
| Implementing Agency | Satisfactory | Not Rated |
| Icr Quality | Unsatisfactory | Not Rated |
| M&e Quality | Not Rated | Not Rated |
Results Framework
No data available.