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    Summary sheet

    Release date
    16 April 2020
    Status
    Reference
    Approved | 23/04/2020
    20190557
    Project name
    Promoter - financial intermediary
    PL AFFORDABLE HOUSING AUSTRIA
    ACCEPTABLE BANK(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    EUR 1250 million
    Location
    Sector(s)
    Description
    Objectives

    The operation consists of a programme Loan to finance social and affordable housing units in Austria.

    Final beneficiaries of the EIB financing will be limited-profit housing development companies, commercial property companies and local authorities.

    Environmental aspects
    Procurement

    The Programme Loan benefits from a 13.8% Climate Action component.

    The promoters has to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation 2014/24/EU and 2014/25/EU where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - PL AFFORDABLE HOUSING AUSTRIA
    Publication Date
    27 May 2020
    Document language
    Main Topic
    Lending
    Document Number
    127125893
    Document Focus
    Environmental Information
    Project Number
    20190557
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    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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    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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