Release date: 6 July 2018
Promoter – Financial Intermediary
HYPO NOE LANDESBANK FUER NIEDEROESTERREICH UND WIEN AGLocation
Description
The project consists of an intermediated framework loan to finance new social housing units to be constructed in the federal state of Niederösterreich in Austria. Final beneficiaries of the financing will be non-profit housing development companies. Sub-projects under the Framework Loan will be in the federal state of Niederösterreich.
Objectives
This project will promote bank-intermediated lending towards the Social Housing sector in the Austrian federal state of Niederösterreich.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 180 million
Total cost (Approximate amount)
EUR 360 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 19/12/2018
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).