National Housing Finance Corporation
Framework loan to be made available to several financial intermediaries for the funding of affordable and social housing projects and associated urban infrastructure, including social amenities, throughout South Africa.
The selected schemes of affordable and social housing to be funded will be part of local integrated and inclusive sustainable urban development plans and housing policies satisfying the EIB's eligibility criteria for the sector.
The operation will be required to meet the environmental and social requirements of the Bank based on EU policy.
The Bank will require the intermediaries to ensure that implementation of the project will be done in accordance with the EIB's Guide to Procurement.
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
General enquiries and comments
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Zero tolerance against fraud and corruption
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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.