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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? 
      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. 

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