IFC’s USD 400 million investment in HDFC to close India’s urban housing gap and boost green affordable housing
IFC’s $400 million loan to HDFC aims to boost green housing in the affordable segment to support the country’s shift toward a more sustainable growth path, creating jobs and ensuring longterm business growth. New investment will help close the urban housing gap and improve access to climate-smart affordable homes in India. IFC’s funding will help HDFC, India’s largest housing finance company, especially focus on its green affordable housing portfolio, with 75 percent ($300 million) of …