France Rénovation Urbaine et Sociale II

Promoter – Financial Intermediary

Dexia Crédit Local (DCL) Final beneficiary: French regional/local authorities.

Location

• France

Description

Financing of French regional/local authorities carrying out urban regeneration projects under agreements entered into with the National Urban Regeneration Agency (ANRU).

Objectives

The National Urban and Social Regeneration Programme II is consistent with European policy in the fields of urban environment, social cohesion and balanced spatial development. It is based on the French Government's National Urban Regeneration Programme of 1 August 2003 and complements the financing instrument established by the public authorities.

Sector(s)

• Urban development

Proposed EIB finance (Approximate amount)

EUR 500 million.

Total cost (Approximate amount)

EUR 26.7 billion.

Environmental aspects

Compliance with EU directives and national legislation on environmental protection is required.

Procurement

Compliance with EU directives and national legislation on procurement is required.

Status

Signed - 15/05/2008