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The Government of Saint Lucia will guarantee a US$20 million financing facility between the Saint Lucia Development Bank (SLDB) and Taiwan Eximbank aimed at expanding affordable housing opportunities for low- and middle-income households.
The agreement was signed on Tuesday at the SLDB’s headquarters in Castries and forms part of the government’s broader strategy to address the country’s housing shortage.
The facility is expected to improve access to long-term mortgage financing, particularly for first-time homeowners and people traditionally underserved by conventional lending.
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