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    Summary sheet

    Release date
    9 June 2026
    Status
    Reference
    Under appraisal | 24/03/2026
    20260048
    Project name
    Promoter - financial intermediary
    ICF CATALONIA EE SOCIAL HOUSING II
    INSTITUT CATALA DE FINANCES
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 330 million
    EUR 660 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance the construction and rehabilitation of approximately 4,500 social and affordable housing units for rent with high energy standards in the region of Catalonia.

    The aim is to improve the availability of adequate public rental housing in Catalonia (Spain). The underlying market failure stems from a persistent shortage of housing at affordable rent levels, as existing market supply does not sufficiently meet demand. The financing, intermediated through and implemented in partnership with ICF, addresses this gap by providing long term funding at attractive pricing, supporting the provision of public rental housing.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Milestone
    Under appraisal

    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).

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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.
    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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    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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