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Signature(s)

Amount
€ 700,000,000
Countries
Sector(s)
Belgium : € 700,000,000
Urban development : € 700,000,000
Signature date(s)
10/12/2025 : € 700,000,000
Link to source

Summary sheet

Release date
13 January 2026
Status
Reference
Signed | 10/12/2025
20250067
Project name
Promoter - financial intermediary
FLANDERS SOCIAL HOUSING
VLAAMSE MAATSCHAPPIJ VOOR SOCIAAL WONEN NV
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 1700 million
EUR 2545 million
Location
Sector(s)
Description
Objectives

The project will support the social housing units for rent as part of the programme of social housing development in Flanders.

The aim is to finance the replacement, construction, and renovation of approximately 16,500 social housing units across Flanders, including around 6,350 new buildings and 10,100 for renovation. Beyond improving housing conditions, the project will enhance energy efficiency and sustainability, support social inclusion, promote urban regeneration, and stimulate economic activity during the implementation phase.

Environmental aspects
Procurement

Where and if applicable, and based on a risk-based approach as defined in the EIB Group Environmental & Social Policy, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal

The Promoter shall 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, as well as Directives 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. Information on awarded main suppliers/contractors for the implementation of the envisaged operation is not available.

Milestone
Under appraisal
Approved
Signed
19 November 2025
10 December 2025
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) - FLANDERS SOCIAL HOUSING
Publication Date
26 Nov 2025
Document language
Main Topic
Lending
Document Number
252710703
Document Focus
Environmental Information
Project Number
20250067
Sector(s)
Regions
Countries
Publicly available
Download now

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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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