Release date: 6 August 2001
Promoter – Financial Intermediary
Promoters of urban renewal programmes specifically defined for Lower Saxony.Location
Description
The project is closely linked to the programme “Districts with Special Development Needs – the Socially Integrative City”
Objectives
Within the urban renewal programme, cities and towns are called upon to create a long-term, integrated urban development policy action plan focussing on small communities beset with social problems and related deteriorating physical infrastructure. The effect of prevention of social exclusion through the combination of physical regeneration for deprived areas, educational measures and the creation of new jobs, should improve the social climate and have a positive impact on the economic performance of some of the cities involved.
Sector(s)
Proposed EIB finance (Approximate amount)
up to EUR 250 million
Total cost (Approximate amount)
up to EUR 2 billion
Environmental aspects
The measures are expected to improve the quality of life and built environment for occupants and reduce energy consumption and accidents.
Procurement
European Directives will be applied.
Status
Signed - 6/05/2002
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).