The proposed project is a senior secured loan (or INR bond) of up to US$100 million equivalent to a new client, IIFL Home Finance Limited (IIFL HF or the Company), for a tenor of up to 6 years (the Project”). The Project will involve proceeds being used to promote affordable housing for women borrowers from Economically Weaker Sections (“EWS”) and Low Income Groups (“LIG”) segments. Discussions are also underway for part of the proceeds to be used for financing retail purchases of green affordable housing. The Company is in the process of discussing an Advisory project to help develop its green affordable housing business. The project is expected to be supported by the Market Accelerator for Green Construction (“MAGC”) Program as described in the Blended Finance Section.