The Slum Upgrading Facility has had a busy first quarter, building and detailing SUF finance facilities in Ghana, Indonesia and Sri Lanka in readiness to undertake lending and project monitoring. This is not an easy task. The lead article in this edition of the newsletter highlights the complex nature of slum upgrading and finance, but the SUF “Finance Plus” approach – building links between households, communities, local government and local financial markets through the local finance facilities themselves – helps manage this complexity.