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Signature(s)

Amount
€ 16,400,000
Countries
Sector(s)
Italy : € 16,400,000
Urban development : € 16,400,000
Signature date(s)
4/07/2013 : € 16,400,000
Link to source

Summary sheet

Release date
9 October 2012
Status
Reference
Signed | 04/07/2013
20110496
Project name
Promoter - financial intermediary
PARMA URBAN SOCIAL HOUSING
“Fondo Polaris Parma Social House”, a closed real estate fund.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 16 million
EUR 122 million
Location
Sector(s)
Description
Objectives

The project involves the construction of 852 new social and affordable housing units in two phases (ca. 50% of units in each phase). The energy efficiency performance is expected to reach class B. Two of the sites are brownfield areas, while the remaining five sites are in-field developments in already urbanised areas.

The construction of new social/affordable dwellings aims at meeting the need for housing in the city of Parma. The project is mainly targeted at socially and/or economically disadvantaged individuals and families.

Environmental aspects
Procurement

The question of the sub-projects falling within a plan or a programme requiring a Strategic Environmental Assessment (SEA) in line with EU Directive 2001/42/EC will be further examined. The construction of housing falls under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (urban development project), according to which the competent authority decides on the full EIA on a case by case basis. During appraisal the compliance with EU directives will be assessed.

A tender notice was published by the Municipality of Parma in the OJEU on 13/09/2008, Nr. 2008/S 178-237546, with a link to the full tender specifications. In Italy the “Bando di Gara“ was mentioned in the national newspapers “La Repubblica” and “Il Sole 24 ore” on 15/09/2008 and in “Edilizia e Territorio” on 22/09/2008.

Link to source
Other links

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).

Documents

Environmental and Social Data Sheet (ESDS) - PARMA URBAN SOCIAL HOUSING
Publication Date
9 Jan 2014
Document language
Main Topic
Lending
Document Number
43702725
Document Focus
Environmental Information
Project Number
20110496
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

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The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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