The OPIC Blog

Archive for the housing Tag

By the numbers: OPIC’s far-reaching impact

OPIC-supported projects improve access to power, clean water, food, education, housing, financial services and more, in over 100 countries from Asia to the Middle East, Latin America and Sub-Saharan Africa. This snapshot shows the impact we have in some key sectors. From supporting the construction of homes for more than 60,000 low-income homeowners to helping build hospitals and health clinics Read more…

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How humanitarian and faith-based groups play a key role in development

Faith-based groups are in the spotlight this week as Pope Francis visits Washington to meet with political leaders and discuss some of the world’s major challenges from poverty to climate change. Rising above the complex politics of global religion, faith-based organizations with a focus on sustainable development have often been able to find common ground with more secular groups in Read more…

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The challenge of building affordable housing in developing countries … and how DFIs can help

By Debra Erb Managing Director, OPIC Housing Programs (This blog is adapted from a speech Debra Erb delivered in November 2014 at the general meeting of the African Union for Housing Finance.) One of the fundamental steps to advancing development in emerging markets is giving low-income people a secure place to live. As a banker who has successfully assembled financing Read more…

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Featured Photo: Inter-Mac International Inc., winner of OPIC’s Impact Award for Access to Finance

Some of the 5,000 residents of the Los Castanos de Choloma housing community in Honduras, which Inter-Mac International Inc. built with the support of OPIC financing. On March 11, OPIC awarded Inter-Mac an OPIC Impact award in the Access to Finance category for the project, which not only provides safe and affordable housing for a low-income population, but also offers Read more…

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Spotlight on OPIC Impact Award winners: Inter-Mac International

  When OPIC leadership set out to identify outstanding clients for its inaugural Impact Awards held earlier this month, one award category, Access to Finance, generated a three way tie. This abundance of excellent work underscores how access to finance is a critical part of sustainable development, as well as how great the need is. Millions of people in the Read more…

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OPIC and Habitat for Humanity partner for event on microfinance

OPIC and Habitat for Humanity partnered together for a public outreach event this week highlighting challenges and opportunities in development related to Habitat for Humanity’s annual Shelter Report. The report, Step by Step: Supporting Incremental Building Through Housing Microfinance, focuses on microfinance in the developing world. OPIC Executive Vice President Mimi Alemayehou and Habitat for Humanity Executive Vice President Mike Read more…

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Featured photo: Honduras housing project provides school on premises

Inter-Mac International Inc., which used OPIC financing to build a community of affordable homes on Choloma, Honduras, also built a number of community services on site, including an elementary school. See more pictures from this housing project in our Facebook photo album.

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Featured photo: Affordable, sustainable homes in Liberia

Housing construction at the site of Broad Cove Ecohomes, Liberia outside of Monrovia. Broad Cove is using an OPIC loan to build moderately-priced houses in a region where affordable housing is virtually nonexistent. Broad Cove is using renewable and locally-sourced materials including bricks made from compressed earth and cement which will keep the houses naturally cool.  

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Six questions about impact investing

By: Mitchell L. Strauss, Special Advisor Socially Responsible Finance Investors are increasingly talking about “Impact Investing,” but the practice is not new to OPIC, which has a 40-year history of transforming private capital into solutions for common social and environmental challenges around the world. This Q&A explains the concept of Impact Investing, and why it offers the potential for such strong Read more…

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OPIC’s 2011 annual report looks back on the agency’s first 40 years

In issuing our annual report for 2011, we also marked a milestone: 40 years of investing with impact across the developing world. Often we use this blog as an opportunity to talk about our new projects or our response to current global development challenges. But OPIC’s rich history also underscores how our development finance model endures in a world where the social, environmental Read more…

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