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    Question

    What is the total target corpus of the H-DREAM Fund

    launched by IFC and HDFC Capital Advisors for green affordable housing?┬а
    A $750 million Correct Answer Incorrect Answer
    B $1 billion Correct Answer Incorrect Answer
    C $1.2 billion Correct Answer Incorrect Answer
    D $850 million Correct Answer Incorrect Answer
    E $900 million Correct Answer Incorrect Answer

    Solution

    The H-DREAM Fund has a target corpus of $1 billion. IFC is investing up to $150 million to finance affordable and mid-income green housing in India using the EDGE green building framework. The initiative aims to develop 25,000 green housing units and mobilize $850 million from institutional investors.┬а

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