Tunisia - Second Line of Credit to “Banque de l’Habitat”

Project Summary

Approval Date 21 Jul 2003
Signature Date 15 Sep 2003
Sovereign / Non-Sovereign Non Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 66,511,473.23
Status Completion

Project General Description

The present project is a € 80 million credit line to finance sub-projects for the construction of economic and social housing, their acquisition by low-income households and intermediaries and the subdivision and development of residential land. The line of credit will contribute to the implementation of the Tunisian Government's housing policy. It aims to increase the availability of resources for the financing of economic and social housing and as a result, to improve the supply of this category of housing, the inadequacy of which remains one of the major problems of the housing sector in Tunisia. The intervention focuses on the construction of 1219 social and economic housing units in 13 urban agglomerations and the financing of the purchase of housing by nearly 3091 households; they also include the acquisition and subdivision of urban land for the construction of social and economic housing. The credit line will be accompanied by an institutional support program to enable BH to set up a financial risk management unit. This support from the Bank will improve BH's management capabilities by enabling it to define the tasks to be entrusted to this structure as well as the characteristics of the equipment, system and personnel to be set up in this context. The purpose of this technical assistance is to enable BH to have the appropriate instruments of management capable of providing adequate protection of its liquidity, solvency, net income and the quality of its commitments of the risk impacts arising in his activity.

Project Objectives

The sector objective of the line of credit is to contribute to the achievement of the investment and growth objectives assigned by the Government to the housing sector during the period 2002-2006. The specific objective of the project is to increase the supply of housing of the social and economic type and to promote access to property ownership for low- and middle-income households. At the financial sector level, the line of credit will also have a favorable impact. By helping to increase the supply of economic and social housing, the line of credit represents an incentive for low-income households to save, as it will increase their chances of accessing homeownership.


Beneficiaries of the line of credit are (i) approved public and private developers with sub-projects for the construction of economic and social housing and the subdivision and equipment of land for the promotion of such housing; (ii) holders of housing savings accounts of BH whose contracts expire during the project implementation period, wishing to acquire their first home and whose income does not exceed five times the Minimum Interprofessional Salary Guaranteed (SMIG). In total, the project will enable 3091 households to acquire their first home and the construction of 1219 housing units of economic and social type, thereby helping to alleviate the imbalances that exist in the housing market, to the detriment of economic and social housing.

Participating Organization

African Development Bank


IATI identifier 46002-P-TN-HAA-028
Last Update 25 Mar 2023


Contact Details

Name Hammadoun Amadou DIALL
Email h.diall@afdb.org

Geographic Location

Country Tunisia
Coordinates Location Name
36.81897 10.16579 Tunis