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    Signature(s)

    Amount
    € 310,000,000
    Countries
    Sector(s)
    France : € 310,000,000
    Urban development : € 310,000,000
    Signature date(s)
    10/12/2020 : € 60,000,000
    23/12/2019 : € 250,000,000

    Summary sheet

    Release date
    10 May 2019
    Status
    Reference
    Signed | 23/12/2019
    20180203
    Project name
    Promoter - financial intermediary
    IN LI LOGEMENT INTERMEDIAIRE
    IN'LI
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 310 million
    EUR 500 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the financing of a construction programme of affordable housing in the French region of Ile-de-France.

    The project aims to alleviate the shortage of rental housing at affordable rents around the city of Paris and thus to increase the supply of affordable housing available to the middle income households, who find it increasingly difficult to find appropriate housing in the vicinity of their workplace.

    Environmental aspects
    Procurement

    The EIB financing will support construction of housing units which will be conform to RT2012 (the French energy efficiency regulation for buildings), therefore this project will have a positive impact on the achievement of France's national energy efficiency targets. The competent authority will have to determine whether each subproject is subject to a full Environmental Impact Assessment (EIA) procedure according to the EIA Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Further details on the screening decision, the environmental permitting status, the proximity and potential impact of each subproject to natural conservation areas, according to the Habitats and Birds Directives (92/43/EEC and 2009/147/EC respectively), and on other aspects of the environmental impact assessment will be clarified during the appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.

    Comments

    By contributing to bridge the significant gap between supply and offer of affordable housing in Ile-de-France, the project will support social inclusion.

    Disclaimer

    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).

    scoreboard - IN LI LOGEMENT INTERMEDIAIRE
    Publication Date
    19 Nov 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    124674338
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180203
    Last update
    20 Nov 2019
    Sector(s)
    Urban development
    Countries
    France
    Publicly available
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    News & Stories

    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.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    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.

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