| Financier | Commitments |
|---|---|
| IBRD Fund for Innovative GPG Solutions | 15.00 |
| Concessional Financing Facility | 21.70 |
| International Bank for Reconstruction and Development | 100.00 |
Colombia: Resilient and Inclusive Housing Project
Development Objective
To improve the quality of housing and public space for vulnerable households, including migrants from Venezuela, in selected municipalities.
Key Details
Project Details
P172535
Active
Andre Herzog
Republic of Colombia
February 25, 2020
(as of board presentation)
May 27, 2021
October 5, 2021
US$ 136.70 million
Ministry of Housing, City and Territory (MVCT)
2021
US$ 136.70 million
N/A
January 11, 2024
July 24, 2026
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 100.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 36.70 |
| Total Project Cost** | 136.70 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 15, 2022 | IBRD-92460 | Int Charges | 92,465.76 |
| Mar 15, 2022 | IBRD-92460 | Loan Disb | 4,183,211.00 |
| Nov 30, 2021 | IBRD-92460 | Fee Charges | 250,000.00 |
| Mar 15, 2023 | IBRD-92460 | Int Charges | 4,771.35 |
| Mar 15, 2023 | IBRD-92460 | Int Charges | 114,015.21 |
| Mar 15, 2023 | IBRD-92460 | Int Charges | 4,771.35 |
| Mar 15, 2023 | IBRD-92460 | Int Charges | 116,057.97 |
| Sep 15, 2022 | IBRD-92460 | Int Charges | 120,755.40 |
| Sep 15, 2022 | IBRD-92460 | Int Charges | 49,950.20 |
| Sep 15, 2023 | IBRD-92460 | Int Charges | 1,597.72 |
| Sep 15, 2023 | IBRD-92460 | Int Charges | 120,755.40 |
| Sep 15, 2023 | IBRD-92460 | Int Charges | 12,026.91 |
| Sep 15, 2023 | IBRD-92460 | Int Charges | 120,755.40 |
| Dec 29, 2023 | IBRD-92460 | Loan Disb | 15,785,713.00 |
| Mar 15, 2024 | IBRD-92460 | Int Charges | 378,957.70 |
| Mar 15, 2024 | IBRD-92460 | Int Charges | 111,006.68 |
| Mar 15, 2024 | IBRD-92460 | Int Charges | 2,146.30 |
| May 27, 2021 | IBRD-92460 | Loan Commitment | 100,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2024-12-23 |
| Financial Management | Moderately Unsatisfactory | 2024-12-23 |
| Project Management | Satisfactory | 2024-12-23 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-12-23 |
| Monitoring and Evaluation | Satisfactory | 2024-12-23 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-12-23 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Households benefited from home improvement interventions Value 0.00 0.00 12706.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Households in urban areas benefited from home improvement interventions Value 0.00 0.00 8280.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Households in rural areas benefited from home improvement interventions Value 0.00 0.00 4426.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Female-headed households benefited from home improvement interventions Value 0.00 0.00 0.00 Date Comment Households benefited from home improvement interventions which have a member with a disability Value 0.00 0.00 0.00 Date Comment Households benefited from home improvement interventions which have a member that identifies as afro descendant Value 0.00 0.00 0.00 Date Comment People provided with improved urban living conditions Value 0.00 0.00 709592.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment People provided with improved urban living conditions - Female (RMS requirement) Value 0.00 0.00 0.00 Date Comment People provided with improved urban living conditions of which are migrants from Venezuela Value 0.00 0.00 0.00 Date Comment Households provided with improved urban living conditions Value 0.00 0.00 0.00 Date Comment Rental subsidies granted to migrant households from Venezuela Value 0.00 0.00 10276.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Regulatory framework to strengthen the home improvement microfinance market for vulnerable households improved Value 0.00 0.00 1.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Grievances recorded in the GRM system are addressed within 15 working days and communicated back to the concerned stakeholders Value 0.00 0.00 80.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Geospatial database for housing characterization, informal settlements location, and territorial planning designed and implemented Value 0.00 0.00 1.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Information and monitoring systems for the optimization of housing subsidy allocation and the prioritization of infrastructure investments upgraded Value 0.00 0.00 1.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Municipalities promoting energy efficiency interventions Value 0.00 0.00 25.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Guidelines for adaptation to climate change and disaster risk management formulated Value 0.00 0.00 2.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Colombian households satisfied or highly satisfied with improvements performed at their homes Value 0.00 0.00 80.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Venezuelan migrants satisfied or highly satisfied with the housing solution provided Value 0.00 0.00 80.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Cities with improved livability, sustainability, and/or management Value 0.00 0.00 25.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment Women with increased availability to seek and/or participate in paid work opportunities and entrepreneurship activities Value 0.00 0.00 60.00 Date May 27, 2021 September 14, 2022 July 24, 2026 Comment