SHELTER AFRIQUE and the NATIONAL HOUSING CORPORATION (NHC) in Tanzania have signed a US$ 14.5 million loan agreement. This is the largest facility in SHELTER AFRIQUE history to a single a borrower and is marking our commitment to continue supporting initiatives of stakeholders in the housing sector to deliver affordable units to the lower and middle income segment which is often overlooked and underserved. The facility is earmarked to support the NATIONAL HOUSING CORPORATION strategy envisaged to construct a minimum of 15,000 low and medium class houses for sale and rental by June 2015. The partnership between SHELTER AFRIQUE and the NATIONAL HOUSING CORPORATION is a win-win situation and is creating a high momentum for both institutions to realize delivery of housing to the Tanzanian people.
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