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    Reference: 20180426
    Release date: 6 July 2018

    Promoter – Financial Intermediary

    HYPO NOE LANDESBANK FUER NIEDEROESTERREICH UND WIEN AG

    Location

    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)

    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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Austria Urban development