Islamabad, Pakistan, 17 January 2008 ─ A US$959,239 grant was signed with Aga Khan Foundation today to alleviate economic and social poverty in Northern Pakistan through improvement in housing and living conditions. This initiative will be implemented by Aga Khan Planning and Building Service, (AKPBS, P) under their Building and Construction Improvement Programme (BACIP). AKPBS, P has been a winner of 2005 ALCAN Prize for Sustainability and the 2006 BSHF World Habitat Award for its efforts to improve water and sanitation projects and for improving housing conditions in Pakistan. This project is part of the World Bank administered Japan Social Development Fund (JSDF) which funds innovative projects that provide direct assistance to the poorest and most vulnerable groups.