Can Housed and Happy Palestinians Lead to a Greener Mid-East?
Green Ps (that’s a new abbreviation we made up today), are of the notion that only people who are housed, employed, healthy and happy can take on extras like yoga classes and only then start worrying about issues such as climate change and the environment. That’s why we were happy to see that the US is going to finance mortgages for people in the Palestinian Authority. The houses may not be green, but it’s one step, we believe, to creating sustainable communities and an all round greener Middle East. In a press release we received this week from the US Embassy, they write that the President of the US government’s Overseas Private Investment Corporation (OPIC) Robert Mosbacher, Jr. will provide up to $500 million for a residential mortgage loan program to support the expansion of affordable housing for Palestinians. “Mortgage finance that is both affordable and accessible is a vital engine for home ownership and economic growth,” Mosbacher said. “This mortgage program will expand mortga
