| Financier | Commitments |
|---|---|
| IDA Credit | 200.00 |
| Borrower/Recipient | 50.00 |
Punjab Affordable Housing Program
Abstract*
The Operation's IPF Windows will assist the Government of Punjab to develop its housing sector policy, strategy, and programs; to strengthen the institutions and systems needed to facilitate housing supply; and to undertake program management. Specifically, it will support activities such as: a) development of evidence-based housing policy, strategy, and programs; b) implementation of recent regulatory reforms to support housing delivery; c) digital... Show More
Development Objective
To support the Government of Punjab in strengthening its housing institutions and systems, and enhancing the quantity and quality of affordable housing supply.
Key Details
Project Details
P173663
Active
Shahnaz Arshad , Qingyun Shen
Islamic Republic of Pakistan
November 10, 2021
(as of board presentation)
March 10, 2022
October 12, 2022
US$ 250.00 million
Province of Punjab
2022
US$ 200.00 million
N/A
May 24, 2024
June 30, 2027
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 200.00 |
| IBRD + IDA Commitment | 200.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 250.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 10, 2022 | IDA-70430 | Loan Commitment | 200,000,000.00 |
| Feb 23, 2024 | IDA-70430 | Loan Disb | 47,631.75 |
| Jul 26, 2024 | IDA-70430 | Loan Disb | 499,376.00 |
| Aug 15, 2024 | IDA-70430 | Int Charges | 6,902.10 |
| Aug 15, 2024 | IDA-70430 | Int Charges | 6,902.10 |
| Aug 15, 2024 | IDA-70430 | Int Charges | 3,042.55 |
| Aug 15, 2024 | IDA-70430 | Int Charges | 32,618.28 |
| Aug 15, 2024 | IDA-70430 | Int Charges | 32,618.28 |
| Aug 15, 2024 | IDA-70430 | Int Charges | 1,970.84 |
| Dec 21, 2023 | IDA-70430 | Loan Disb | 5,820,498.00 |
| Nov 3, 2023 | IDA-70430 | Loan Disb | 147,708.02 |
| Jun 26, 2024 | IDA-70430 | Loan Disb | 7,552,158.00 |
| Feb 15, 2024 | IDA-70430 | Int Charges | 447.49 |
| Feb 15, 2024 | IDA-70430 | Int Charges | 447.49 |
| Dec 29, 2023 | IDA-70430 | Loan Disb | 493,456.16 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2025-01-07 |
| Monitoring and Evaluation | Satisfactory | 2025-01-07 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-01-07 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Housing units delivered in Punjab supported by the Program Value 0.00 0.00 77000.00 Date March 21, 2022 May 17, 2024 June 30, 2027 Comment Affordable housing units built to agreed standards, including green design principles that promote climate resilience and sustainability Value 0.00 0.00 37000.00 Date March 21, 2022 May 17, 2024 June 30, 2027 Comment Housing policies, programs, and systems in Punjab updated/developed and operationalized Value 0.00 2.00 5.00 Date January 3, 2022 May 17, 2024 June 30, 2027 Comment of which, affordable housing units Value 0.00 0.00 37000.00 Date March 21, 2022 May 17, 2024 June 30, 2027 Comment of which, percentage of women beneficiaries Value 0.00 0.00 0.00 Date Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Housing Market Information System (HMIS) developed, approved, and operational Value No Yes Yes Date March 21, 2022 May 17, 2024 June 30, 2027 Comment Program Management Information System (PMIS) developed, approved, and operational Value No Yes Yes Date March 21, 2022 May 17, 2024 June 30, 2027 Comment Beneficiary Management Information System (BMIS) developed, approved, and operational Value No No Yes Date December 1, 2023 May 17, 2024 June 30, 2027 Comment Rules, regulations, and procedures for APHS and JV schemes revised, approved and applied Value 0.00 0.00 4.00 Date March 21, 2022 May 17, 2024 June 30, 2027 Comment Housing Policy, Strategy and Programs formulated in a participatory manner with effective stakeholder consultation and citizen engagement Value 0.00 0.00 100.00 Date May 17, 2024 May 17, 2024 June 30, 2027 Comment Location and infrastructure investment criteria and procedures developed, approved, and applied Value 0.00 1.00 3.00 Date March 21, 2022 May 17, 2024 June 30, 2027 Comment Housing scheme applications processed per revised criteria and procedures Value 0.00 0.00 30.00 Date March 21, 2022 May 17, 2024 June 30, 2027 Comment