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                    [ArticleID] => 232535
                    [Title] => ADB okays $30-M facility for low-cost housing projects outside Manila
                    [Summary] => The Asian Development Bank (ADB) has approved a $30-million loan and a $1.5-million technical assistance (TA) grant to provide affordable housing for some 20,000 urban poor families in areas outside Metro Manila (AOMM).


The ADB loan represents 62.5 percent of the total project cost of $48.8 million. It will come from the ordinary capital resources and carries a 25-year term, including a grace period of six years. Interest is based on Libor-based lending facility.


                    [DatePublished] => 2003-12-22 00:00:00
                    [ColumnID] => 133272
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PAYATAS AND MUNTINLUPA

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                    [Title] => ADB okays $30-M facility for low-cost housing projects outside Manila
                    [Summary] => The Asian Development Bank (ADB) has approved a $30-million loan and a $1.5-million technical assistance (TA) grant to provide affordable housing for some 20,000 urban poor families in areas outside Metro Manila (AOMM).


The ADB loan represents 62.5 percent of the total project cost of $48.8 million. It will come from the ordinary capital resources and carries a 25-year term, including a grace period of six years. Interest is based on Libor-based lending facility.


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abtest

ADB okays $30-M facility for low-cost housing projects outside Manila

December 22, 2003 - 12:00am

The Asian Development Bank (ADB) has approved a $30-million loan and a $1.5-million technical assistance (TA) grant to provide affordable housing for some 20,000 urban poor families in areas outside Metro Manila...

Business