December 9, 2010 No. 54/10-BD CDB ADDITIONAL GRANT FOR HAITI URBAN COMMUNITY PROJECT The already fragile infrastructure and services in several communities in Haiti have been experienced increased pressure as a result of the January 12, 2010, earthquake, the recent cholera outbreak and the passage of Tropical Storm Tomas. In response to these challenges, the Government of Haiti has applied to the Caribbean Development Bank (CDB) for additional financial assistance for the Urban Community-Driven Development Project which CDB supported with a USD4 million grant in July 2008. That assistance has been approved by the Bank's Board of Directors. A grant equivalent to equivalent to USD5 million to the Government of Haiti has been approved to assist with financing for the Urban Community-Driven Project. The project was originally designed to reduce poverty through improved access to basic and social infrastructure services, as well as income-generating opportunities for residents of targeted urban areas. Under the project, community-based organisations propose, plan, select, implement and maintain sub-projects. The revised scope of the project and the additional financing are intended to improve physical infrastructure (including potable water and sanitation systems), and to provide economic opportunities in areas of Haiti settled by persons displaced by the earthquake and impacted by the cholera outbreak and the passage of Tropical Storm Tomas.