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Affordable Housing Program Development Project

Abstract*

The housing deficit is estimated to be around 320,000 units for the whole of Senegal and 158,000 for Dakar. This gap increases by 12,000 housing units per year on average. This backlog is a consequence of rapid urbanization and an insufficient supply due to constraints, including (i) limited availability of serviced land and unpredictability of property title attribution, (ii) limited availability of relevant financial products mainly for buyers...

* 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

To improve access to affordable housing for financially underserved populations and to enhance efficiency of housing-related agencies.

Key Details

Project Details

  • P174759

  • Dropped

  • Mazen Bouri , Alexandra Le Courtois

  • Republic of Senegal

  • Senegal

  • December 28, 2020

  • (as of board presentation)

    N/A

  • N/A

  • US$ 357.50 million

  • Ministry of Urban Development

  • Western and Central Africa

  • 2024

  • US$ 100.00 million

  • N/A

  • July 13, 2023

  • June 30, 2028

  • Yes

  • DECISION MEETING

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 100.00
Borrowing Agency 77.70

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 100.00
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 357.50

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.