Taipei Urban Housing Center to Raise Sustainable Bonds Targeting 200 Billion amidst Need for 400 Billion for Affordable Housing

Reported about 1 year ago

In order to achieve housing justice, the government is actively promoting social housing, with Taipei Urban Housing Center previously signing a record-breaking 411.9 billion loan with Taiwan Bank. The Taiwan Stock Exchange stated that they are in talks across ministries to assist in issuing sustainable bonds for the center, targeting up to billions to provide funds for social housing and renovation of old housing. This move aims at diversifying funding sources and ensuring financial support needed for promoting housing justice through capital markets.

Source: YAHOO

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