The ICBSP is funded by a US$29.3 million loan from the IBRD with counterpart funding of US$3.5 million from the Government of Jamaica (GoJ), making a total project cost of US$32.8 million. Loan Agreement No. 4819-JM was signed on May 4, 2006 and became effective ninety days thereafter with a Closing Date of December 31, 2011. The project is implemented in twelve pre-selected inner city communities in Kingston, St. Andrew, St. Catherine, St. James and Clarendon.
The table below lists the twelve pre-selected inner city communities by parish
| Parish | Communities | Intervention | |
| Clarendon | Bucknor | ||
| St.Catherine | Central Village | ||
| Tawes Meadows | |||
| March Pen (Africa) | |||
| Dempshire Pen/Jones Pen | |||
| Lauriston | |||
| Knollis (Bog Walk) | |||
| Kingston & St.Andrew | Jones Town | ||
| Federal Gardens | |||
| Whitfield Town | |||
| Passmore Town/Browns Town | |||
| St. James | Flankers | ||
The project design centered around the GoJ identifying inner city renewal – with a focus on crime and violence prevention – as a key priority. It was conceptualized within the context of the development of a comprehensive inner city renewal programme which aims to provide a general framework for integrating the dimensions of human, social, economic and environmental development of inner city communities. The project is, therefore, structured with three components as follows:
Basic infrastructure comprising integrated network infrastructure in project areas for water, sanitation, drainage, secondary and tertiary roads, community centres, recreational facilities. Also the installation of community garbage skips, replacement of zinc fencing with alternative perimeter fencing; street lighting and regularization of illegal electricity connections.
Access to financial services which facilitates access to microfinance services in project areas for productive purposes and incremental home improvements. This is done through performance-based service contracts aimed at creating incentives for existing financial institutions to provide microfinance services in project areas.
Land tenure regularization which finances the implementation of a pilot land titling initiative and technical assistance for the preparation of a national policy on squatter management and informal urban settlements
This finances integrated packages of consultant services, training and technical assistance focused on both short-term mitigation and conflict resolution and medium-term social prevention and capacity enhancement interventions.
In particular, this subcomponent finances the delivery of violence prevention services in social prevention areas including mediation and conflict resolution; alternative livelihoods and skills development; family support programmes such as Bridge Jamaica ; youth education and recreation; and Community-Based Organization (CBO) capacity building.
This finances consultant services, training, goods and operating costs for project management and administration.
The selection of project communities was carried out by an inter-agency panel comprising the Planning Institute of Jamaica (PIOJ), the Ministry of National Security, the Social Development Commission (SDC) and JSIF. The aim of the selection process was to ensure that high priority areas with respect to public safety were given preference.
The communities were chosen using stringent criteria and taking into consideration communities where there is greatest need. The criteria used for selecting the communities were: