IPDC and BRAC University partner on affordable, sustainable housing initiative

As part of its ongoing CSR and sustainability commitments, IPDC Finance PLC, the first non-bank financial institution (NBFI) in Bangladesh, has partnered with the School of Architecture and Design, BRAC University, to launch the “Affordable & Sustainable Housing Design Project”

This joint initiative aims to address the pressing need for affordable, resilient, and eco-friendly housing solutions for low- and middle-income communities across Bangladesh, according to a media release. 

Under this CSR-driven collaboration, the School of Architecture and Design will develop innovative, environmentally responsible housing designs tailored to the socio-economic realities of local communities.

In parallel, IPDC Finance will identify and engage eligible clients through its “Bhalobasha Home Loan” program, enabling deserving families to access these sustainable housing models, the release says. 

The ceremony was attended by representatives from both institutions, including Prof. Fuad Hassan Mallick, PhD, Dean, and Prof. Zainab Faruqui Ali, PhD, Chairperson, School of Architecture and Design, and from IPDC Finance PLC, attendees included Samiul Hashim, Head of Legal and Company Secretary, and Head of Brand and Corporate Communications, as well as Mohammad Monirul Islam, Head of Retail Business along with other senior officials and faculty members of the respective institutions.

Speaking on the occasion, Mr. Rizwan Dawood Shams, Managing Director of IPDC Finance PLC, stated, “At IPDC, we view sustainability as a cornerstone of our CSR philosophy. Access to safe, sustainable housing should be a right, not a privilege. Through this collaboration with BRAC University, we are merging academic innovation with practical financial solutions to improve the living standards of Bangladesh’s underserved communities.”

Echoing his views, Prof. Fuad Hassan Mallick, PhD, Dean, School of Architecture and Design, BRAC University, said, “Our partnership with IPDC seeks to create design solutions that are both sustainable and sensitive to the economic realities of low- and middle-income families. Together, we hope to pioneer a model for affordable living that can inspire future housing initiatives nationwide.”