[ loading / cargando ]

Partner Rafael Alcázar, senior associate Fiorela Ccahua and associate Valeria Sánchez

Peru   

Peru   

Rebaza, Alcázar & De Las Casas Advises Fondo MiVivienda in Financing of Sustainable Housing Projects in Peru  

Rebaza, Alcázar & De Las Casas advised Fondo MiVivienda S.A. (FMV), as borrower of a financing involving two loans: (i) loan for up to 551.55 million Soles (approximately US$ 150 million), and (ii) second loan for up to US$ 150 million; both granted by JP Morgan Chase Bank and secured by the Multilateral Investment Guarantee Agency (MIGA), as part of the same financing.
 
The funds raised by FMV will be used to finance housing projects under its sustainable housing programs:
 
- MiVivienda Sostenible: Subsidized mortgage loans for the acquisition of sustainable housing, with eligibility criteria based on renewable energy sources and water consumption. 

- Financiamiento Complementario Techo Propio: Subsidized mortgage loans aimed exclusively at vulnerable and low-income families to enable them to purchase, build or improve their homes, and include basic services.

- Nuevo Crédito MiVivienda: Subsidy aimed at financing mortgage loans to purchase, build or improve homes.
 
FMV is committed to allocate, to the extent possible, at least 50% of the funds obtained to finance mortgage loans granted to Peruvian women.

The Fund´s mission is to facilitate access to adequate, single-family housing, particularly for low-income families, through the concerted management between the State and the financial and real estate sectors, boosting their development.

Legal advisors to Fondo MiVivienda
 
New York Counsel:
Simpson Thacher & Bartlett LLP: Partner Juan Francisco Méndez, senior counsel Kirsten L. Davis, and associates Laura Grisales and Enrique Güijosa.
 
Peruvian Counsel:
Rebaza, Alcázar & De Las Casas: Partner Rafael Alcázar, senior associate Fiorela Ccahua and associate Valeria Sánchez.

Legal advisors to JP Morgan Chase and the MIGA
 
New York Counsel:
Norton Rose Fulbright US LLP: Partner Daniel Spenser, and counsel Jose Cobeña.
 
Peruvian Counsel:
Rodrigo, Elías & Medrano Abogados: Partner Nydia Guevara and associate Sebastián Briceño

Suscribe to our newsletter;

 

Our social media presence

  

  

  
 

  2018 - All rights reserved