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Summary sheet
Sächsische Aufbaubank www.sab.sachsen.de
The global loan will fund SAB's dedicated special programme in the fields of urban rehabilitation and development in the Free State of Saxony for the financing of investments in social housing undertaken by private households, partially for energy savings.
SAB's dedicated programme is for urban renewal and development satisfying social housing criteria. This will not only enhance the quality of life of residents, but also contribute to the improvement of the urban environment, which is essential to reduce social marginalisation and dysfunction
Compliance with EU environmental directives and national laws shall be ensured.
For the award of public contracts the EU tender directives are to be followed.
Objective 1 and Environmental Protection.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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