US $20 Million Eximbank Facility Approved to Boost Affordable Housing and Infrastructure
The Government of Saint Lucia has received approval for a loan facility of US $20 million (EC $53.8 million) from the Export-Import Bank of the Republic of China (Taiwan) (Eximbank) to expand access to affordable housing and strengthen essential community infrastructure.
The facility, to be on-lent through the Saint Lucia Development Bank (SLDB), will help low- to medium-income Saint Lucians build or improve their homes, while financing housing infrastructure such as solar PV systems, drainage upgrades, and water tanks, ensuring that new developments are modern, climate-resilient, and sustainable.
