Release date: 23 July 2009
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.
Sector(s)
Proposed EIB finance (Approximate amount)
GBP 345 million.
Total cost (Approximate amount)
GBP 700 million.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured. Given the scale, location and nature of the 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 - 4/12/2009
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).