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CO-National Macroproyectos Social Interest Program Project

Abstract*

The objective of the National Macroproyectos Social Interest Program Project for Colombia is to enable access to affordable housing solutions for low-income beneficiaries. There are three components to the project, the first component being low-income land and housing development. The component will finance two sub-components: technical studies and fiduciary management for Macroproyectos; and grants for low income land and housing development. The...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Project development objective is to enable access to affordable housing solutions for low-income beneficiaries.

Key Details

Project Details

  • P110671

  • Closed

  • Angelica Nunez del Campo

  • N/A

  • Colombia

  • July 15, 2008

  • (as of board presentation)

    January 11, 2011

  • June 20, 2011

  • US$ 40.00 million

  • Ministerio de Vivienda Ciudades y Territorio

  • Latin America and Caribbean

  • 2011

  • US$ 40.00 million

  • B

  • Not Applicable

  • December 31, 2014

  • BANK APPROVED

  • August 5, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 40.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 40.00
IDA Commitment N/A
IBRD + IDA Commitment 40.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 40.00

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Aug 15, 2016 IBRD-79980 Int Charges 3,195.23
Aug 15, 2014 IBRD-79980 Int Charges 2,966.39
Feb 15, 2015 IBRD-79980 Int Charges 3,015.56
Aug 15, 2015 IBRD-79980 Int Charges 2,481.70
Mar 31, 2015 IBRD-79980 Loan Disb -130,394.46
Apr 30, 2015 IBRD-79980 Loan Cancel 5,430,394.50
Aug 15, 2013 IBRD-79980 Int Charges 3,293.19
Feb 15, 2014 IBRD-79980 Int Charges 3,194.44
Feb 15, 2023 IBRD-79980 Int Charges 5,174.46
Aug 15, 2023 IBRD-79980 Int Charges 5,174.46
Aug 15, 2024 IBRD-79980 Int Charges 5,174.46
Feb 15, 2024 IBRD-79980 Int Charges 5,174.46
Jan 11, 2011 IBRD-79980 Loan Commitment 40,000,000.00
Feb 15, 2021 IBRD-79980 Int Charges 5,174.46
Aug 15, 2021 IBRD-79980 Int Charges 5,174.46
Aug 15, 2022 IBRD-79980 Int Charges 5,174.46
Feb 15, 2022 IBRD-79980 Int Charges 5,174.46
Aug 15, 2019 IBRD-79980 Int Charges 6,671.27
Aug 15, 2019 IBRD-79980 Loan Disb -369,605.53
Aug 15, 2019 IBRD-79980 Loan Disb 369,605.53
Feb 15, 2020 IBRD-79980 Int Charges 5,174.46
Aug 15, 2020 IBRD-79980 Int Charges 5,174.46
Aug 15, 2017 IBRD-79980 Int Charges 4,069.65
Feb 15, 2018 IBRD-79980 Int Charges 4,363.82
Aug 15, 2018 IBRD-79980 Int Charges 5,407.63
Feb 15, 2016 IBRD-79980 Int Charges 2,588.06
Apr 29, 2014 IBRD-79980 Loan Cancel 34,200,000.00
Feb 15, 2019 IBRD-79980 Int Charges 6,347.36
Feb 15, 2017 IBRD-79980 Int Charges 3,872.66

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Counterpart Funding Unsatisfactory 2014-12-23
Overall Implementation Progress (IP) Unsatisfactory 2014-12-23
Overall Safeguards Rating Satisfactory 2014-12-23
Procurement Moderately Satisfactory 2014-12-23
Financial Management Moderately Satisfactory 2014-12-23
Project Management Moderately Unsatisfactory 2014-12-23
Monitoring and Evaluation Moderately Satisfactory 2014-12-23
Progress towards achievement of PDO Unsatisfactory 2014-12-23

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • 40,000 low income beneficiaries with access to affordable housing in the project areasValue0.000.0040000.00
    DateOctober 13, 2009December 12, 2014December 31, 2014
    Comment
  • Finance approximately 10,000 supply-side housing grants for land development and secondary infrastructure associated with small andmedium size mixed-use land and housing development SubprojectsValue0.000.0010000.00
    DateOctober 13, 2009December 12, 2014December 31, 2014
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Subproject investments include mix of uses (multi-income residential, commercial and green areas)Value-Yes
    DateDecember 12, 2014December 31, 2014
    Comment
  • 100% of Subprojects include a minimum of 50% social interest housing units (VIS) including 25% of priority interest housing units (VIP)Value0.000.00100.00
    DateDecember 12, 2014December 31, 2014
    Comment
  • 100% of parcels of selected Subproject sites have access to networked water supplyValue0.000.00100.00
    DateDecember 12, 2014December 31, 2014
    Comment
  • 100% of selected Subproject sites have access to adequate sanitation.Value0.000.00100.00
    DateOctober 13, 2009December 12, 2014December 31, 2014
    Comment
  • 100% of parcels of selected Subproject sites with access to an adequate drainage system.Value0.000.00100.00
    DateOctober 13, 2009December 12, 2014December 31, 2014
    Comment
  • 100% of parcels with access to roads with public transport stops at a distance of less than 500 mValue0.000.00100.00
    DateOctober 30, 2009December 12, 2014December 31, 2014
    Comment
  • Development of a land trust instrumentValue-partially completed. The generic model has been deYes
    DateOctober 30, 2009December 12, 2014December 31, 2014
    Comment
  • Development of a real estate development modelValue0Model DevelopedYes
    DateOctober 30, 2009December 12, 2014April 30, 2012
    Comment
  • Bidding processes for Subproject Contracts require an average of 9 months from tender to signing.Value-na
    DateOctober 13, 2009December 12, 2014
    Comment