Release date: 2 March 2017
Promoter – Financial Intermediary
The bank's loan will finance the construction of new housing for refugees/asylum seekers by municipal housing companies in the federal state of Berlin.
The project will significantly contribute to the provision of housing for refugees/asylum seekers by the city of Berlin.
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 100 million
Compliance with the relevant EU directives will be verified during appraisal: Environmental Impact Assessment (EIA) Directive 2011/92/EU, Strategic Environmental Assessment (SEA) Directive 2001/42/EC, Habitats Directive 92/43/EEC and Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the refugee accommodation investments will be reviewed during project appraisal. Applicable energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during project appraisal.
The bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC or 2014/24/EU where applicable) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.
Signed - 17/11/2017
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).