Release date: 1 February 2006
Promoter – Financial Intermediary
Dexia Crédit Local (DCL).Location
Description
Financing of French regional/local authorities carrying out urban and social regeneration projects in sensitive urban areas (ZUSs) under agreements entered into with the National Urban Regeneration Agency (ANRU). There have been more than 2 100 operations to date in over 200 ZUSs throughout the country.
Objectives
The ANRU/EIB/DEXIA National Urban and Social Regeneration Programme is consistent with European policy in the fields of urban environment, social cohesion and balanced spatial development. It underpins the French Government's National Urban Regeneration Programme of 1 August 2003 and complements the financing instrument established by the public authorities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million.
Total cost (Approximate amount)
EUR 15.7 billion.
Environmental aspects
Compliance with EU directives and national legislation on environmental protection is required.
Procurement
Compliance with EU directives and national legislation on procurement is required.
Status
Signed - 27/06/2006
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).