WASHINGTON, June 5, 2008- The following project was approved today by the World Bank’s Board of Executive Directors: IDA Credit: US$43Million TERMS: Maturity = 20 Years; Grace Period = 10 Years PROJECT DESCRIPTION: The additional financing aims to finance the reconstruction of 13,117 houses in the North and East. It would increase the number of poor conflict-affected families with improved and affordable housing units. It would entail a housing support cash grant paid in installments to help reconstruct homes. In addition, the technical assistance provided under the program would help meet the long term housing needs in the North and East through improved construction standards, enhanced community involvement in housing construction and streamlined mechanisms to resolve property disputes. For more information, please call Erik Nora at (202) 458-4735 or e-mail here at enora@worldbank.org | 
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