Dhaka, Sept. 27 -- The Asian Development Bank (ADB) has approved a $100 million concessional loan to expand access to affordable and resilient housing finance for low- and middle-income borrowers in Bangladesh, with a particular focus on women.

Under the Inclusive Affordable Housing Finance Project, financing will be channelled through the Palli Karma-Sahayak Foundation (PKSF) and eligible microfinance institutions (MFIs) to provide long-term, collateral-free microfinance loans to help families construct, repair and upgrade their homes, according to a press release.

The project aims to address the shortage of safe and affordable housing and limited access to housing finance among households with informal sources of income that are not t...