The Trinidad and Tobago Mortgage Bank (TTMB) has released its updated Social Bond Framework, reinforcing its commitment to affordable housing and social equity. This initiative aligns with internationally recognized Social Bond Principles and Sustainable Development Goals (SDGs) to drive impactful socioeconomic progress in Trinidad and Tobago.
Key Highlights:
- Affordable Housing Access: Funding is dedicated to first-time homeowners under government-subsidized 2% and 5% mortgage programs, ensuring affordability for low- and middle-income households.
- Empowering Women: A minimum of 50% of funds from the initial issuance are allocated to women-owned and women-led mortgages, promoting gender equity and financial empowerment.
- Sustainability & Transparency: Detailed guidelines for fund allocation, rigorous compliance measures, and annual reporting ensure accountability and alignment with national and global sustainability goals.
This framework reflects our dedication to fostering stronger communities, economic stability, and sustainable development.
