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| Sunday, 19 December 2004 |
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World Bank credit for housing program in North-East The World Bank has approved US$75 million credit for a housing reconstruction program in the North and East. Around 46,000 houses will be constructed for poor, conflict-affected families from all of the country's ethnic groups. The program will also generate significant employment for local people, World Bank press release said. "Rehabilitating conflict-affected areas is essential for underpinning peace and bringing normalcy to the lives of the families there," Peter Harrold, World Bank Country Director for Sri Lanka, said. "In addition to providing housing for about 200,000 poor and vulnerable people, we hope this program will pave the way and be a catalyst for the development of a sustainable housing program over the long term," he said. The North East Housing Reconstruction Program's (NEHRP) four-year program will help reconstruct 46,000 houses in the Northern and Eastern parts of the country providing a cash grant of up to US$1,426 for each family. The program will target the poorest and most vulnerable households. These include families with a monthly household income of less than US$24 per month, those who have had experienced multiple displacements during the two-decade-old conflict, women-headed households, and those that include land mine victims. Key components of the program include technical assistance to ensure compliance with social and environmental safeguards, the training of construction workers, support for partner organizations, and resolution of land disputes. |
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