The first tranche of NPR 50,000 is released to eligible homeowners upon signing a participation agreement. The project provides housing grants to homeowners of Nepalese Rupees (NPR) 300,000 (about $3,000) in three tranches. The EHRP project has also helped to establish a culture of resilient construction practices by building capacity of engineers and masons. ![]() The project provides technical assistance to ensure that homeowners know about resilient reconstruction methods that can withstand natural disasters to ensure that the reconstructed houses comply with technical reconstruction specifications and guidelines. The Earthquake Housing Reconstruction Project (EHRP) takes an owner-driven approach to housing reconstruction – homeowners themselves make any decisions related to the reconstruction of their homes. The World Bank approved additional financing of $300 million in December 2017 and a second round of additional financing of $200 million in January 2020 from the International Development Association (IDA). The World Bank pledged $500 million for Nepal’s housing reconstruction and immediately processed $200 million Earthquake Housing Reconstruction Project in 2015. The Government of Nepal secured $4.1 billion in pledges at the International Conference on Nepal’s Reconstruction for post-earthquake recovery and reconstruction. The largest need identified in the PDNA was housing, accounting for $3.27 billion or almost half of the total reconstruction needs. A Post Disaster Needs Assessment (PDNA), supported by the World Bank and other development partners, estimated the physical damage from the earthquake to be around $7 billion, with total recovery financing needs of about $6.7 billion. ![]() Together, these earthquakes caused more than 8,700 deaths and some 25,000 injuries. On April 25, 2015, a 7.8 magnitude earthquake struck central Nepal followed less than one month later by 7.3 magnitude earthquake.
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