Bank of Maldives Opens Housing Grant to Support Vulnerable Families

Bank of Maldives has opened a Housing Grant as part of the series of 12 high impact monthly community initiatives to celebrate the Bank’s 40th anniversary in November. Through this, the Bank will build and fully furnish houses for three vulnerable families across the country.

The fund is open for NGOs and Island councils to nominate families in need of safe housing anywhere in the country.

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Commenting on the initiative, BML’s CEO and Managing Director, Tim Sawyer said, “The initiative announced today aims to help the most vulnerable families in our communities by providing a safe and healthy environment to live in. Through this project, our aim is to make a difference in people’s lives, their health and well-being, and offer stability and strength to those who need it most.”

Applications can be emailed to housinggrant@bml.com.mv by 31st March 2022. For more details, visit www.bankofmaldives.com.mv/housing-grant

The 40th Anniversary monthly initiatives announced to date are:

  • November: BML Scholarship Fund
  • December: Inspiring Learning – upgrading the National Library 
  • January: BML Startup Grant 
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