The IFRC, the Sri Lanka Red Cross and the World Bank will announce the Red Cross Movements' commitment of $US 10 million to Phase 2 of the Government of Sri Lanka's Owner Driven Housing Programme (ODHP). These funds form the first installment of a $US 25 million pledge that the Federation has made to the ODHP. The funds are administered by the World Bank's International Development Association (IDA).
The Federation's support to the ODHP forms part of a wider initiative - The 'Community Recovery and Reconstruction Partnership' (The Partnership) - a programme that has been established to accelerate reconstruction in tsunami affected districts where housing needs remain unmet. 'The Partnership' comprises a unique alliance between the Federation, the Sri Lanka Red Cross and UN-HABITAT, with technical support provided by the Swiss Agency for Development and Cooperation (SDC) and Price Waterhouse Coopers.