Release date: 22 July 2008
Promoter – Financial Intermediary
Société Wallonne du Logement, the public housing agency in Wallonia
Location
Description
The project covers selected urban renewal sub-projects, including the demolition, modernisation and rehabilitation of social housing and associated social and urban infrastructure facilities.
Objectives
Upgrading the standard of the social housing stock in Wallonia to comply with the health and safety norms.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 250 million.
Total cost (Approximate amount)
Up to EUR 1.0 billion.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured. Given the scale, location and nature of the sub-projects – demolition, modernising and rehabilitation of social housing and associated social and urban infrastructure in mostly built-up urban areas – there is no need for an EIA as defined under the EIA Directive 85/337/EC and subsequent revisions.
Procurement
Compliance with the EU procurement directives and national laws shall be ensured.
Status
Signed - 7/07/2009
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).