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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Belgium : € 250,000,000
Urban development : € 250,000,000
Signature date(s)
13/12/2007 : € 100,000,000
24/06/2004 : € 150,000,000
Link to source

Summary sheet

Release date
14 May 2004
Status
Reference
Signed | 24/06/2004
20030062
Project name
Promoter - financial intermediary
Walloon Social Housing Rehabilitation I

Société Wallonne du Logement (SWL).
Charleroi.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250m.
Around EUR 1bn.
Location
Sector(s)
Description
Objectives

The project concerns the upgrade and renovation of low-cost social housing in designated urban renewal areas in Wallonia. The 5-year investment programme will affect some 35,800 homes spread among all 5 provinces in the Walloon Region, particularly in regional development areas.

The objective is to provide new or replacement social housing, refurbish older social dwellings and convert appropriate and otherwise redundant buildings to housing use, supported by complementary investment in urban infrastructure and other environmental improvements, in selected urban localities.

Environmental aspects
Procurement

It is unlikely that an EIA is required for any of the sub-projects due to their nature and location. Whilst there may be some minor environmental impact during construction/renovation work, the net environmental and social impact will be wholly positive.

Procurement is under Services Directive 92/50/EEC and Public Works Directive 93/37/EEC for actual project works.

Link to source

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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