FONPLATA contributes to the development of community spaces in popular neighborhoods in Argentina


The Development Bank will fund the “Support system to Community Infrastructure in Popular Neighborhoods during Social and Health Emergency”, which aims at strengthening infrastructure to develop social, family, and health-care assistance strategies for the most vulnerable people.

The program, fully financed by FONPLATA, represents an investment of USD 15 million and aims at widening the community centers network in popular neighborhoods of the city and the province of Buenos Aires by developing infrastructure and/or improving or installing equipment. Additionally, the funding will contribute to the infrastructure’s sustainability with the support of a trainers’ network and their territorial teams, to improve the access of the population to social, family, and health care assistance, thus mitigating the effects of the COVID-19 pandemic. The program focuses on the housing problem of these vulnerable population, and it includes training activities on health care, childhood, and entrepreneurship.

The Ministry of Public Work will be responsible for the project, which aligns to 4 of the 17 Sustainable Development Goals for 2030: No Poverty (SDG-1); Good Health and Well-Being (SDG-3); Reduced Inequalities (SDG-10); and Sustainable Cities and Communities (SDG-11).

This program is complementary to the “Support System to Local Assistance in Emergency”, funded by the Bank through the “COVID-19 Emergency Line”, which aims at alleviating the adverse effects of the pandemic, especially on the most vulnerable sectors of the population.