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    Reference: 20070521
    Release date: 19 June 2008

    Promoter – Financial Intermediary

    The Housing Finance Corporation Limited, a dedicated, not-for-profit financial intermediary and lender to the UK social housing market.

    Location

    Objectives

    Financing of small and medium sized urban regeneration projects undertaken by regulated UK Housing Associations.

    Comments

    Construction

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to GBP 150 million

    Total cost (Approximate amount)

    Not applicable

    Environmental aspects

    Compliance with EU environmental directives and national laws shall be ensured. Given the scale, location and nature of the sub-projects – modernising, rehabilitation and new construction of social housing and associated social and urban infrastructure in mostly built-up urban areas – it is unlikely that an EIA would be required in most cases.

    Procurement

    Compliance with the EU procurement directives and national laws shall be sensured.

    Status

    Signed - 14/11/2008

    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).

    Related tags

    United Kingdom Urban development