Question
What is the total target corpus of the H-DREAM Fund
launched by IFC and HDFC Capital Advisors for green affordable housing?ÂSolution
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.Â
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