India-based affordable housing facilitation centre among US P3 Impact Award finalists

An India-based affordable housing facilitation centre, has made it to the final of the US State Department’s prestigious P3 Impact Award

Ahmedabad-based Griha Pravesh has been shortlisted for the US State Department’s prestigious P3 Impact Award, along with four others – DREAMS Partnership in Africa, Kosmo Innovation Center in Ghana, Laka Kivu Coffee Alliance in Congo and Mi Futuro in Guatemala. The annual award recognises exemplary public-private partnerships (P3s) that provide solutions to pressing issues, in areas such as economic development, housing, health, sanitation and workforce.

Griha Pravesh aims to establish a sustainable ecosystem of affordable housing, for disadvantaged communities in India, the State Department said in a statement. It is a partnership between Saath Charitable Trust, Michael and Susan Dell Foundation, Brick Eagle, Indian Housing Federation (IHF), DBS Affordable Housing Pvt Ltd and Micro Housing Finance Corporation Ltd (MHFC). The winner will be announced at the Concordia Summit to be held from September 24-25, 2018, in New York City.

See also: RBI announces hike in limits for cheaper loan for affordable housing

During a strategic dialogue at the Summit on September 25, 2018, the finalists will present, in front of judges and an audience, a summary of their partnerships, including partners involved, impact, metrics, results, innovation, scalability, and barriers. The P3 Impact Award winner, along with an audience choice winner, will then be announced at the Concordia Summit’s main plenary stage.

Additionally, each finalist will be featured in a special edition of the Darden School’s thought-leadership publication, Darden Ideas to Action, focused on the P3 Impact Award. The P3 Impact Award winner will also receive a full scholarship, to send partnership representatives to attend a week-long Darden Executive Education course.


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