Release date: 14 November 2019
Promoter – Financial IntermediaryRAIFFEISENLANDESBANK NIEDEROESTERREICH-WIEN AG
Intermediated framework loan to finance social and affordable housing units in the Austrian Federal States of Vienna and Niederosterreich. Final beneficiaries of the EIB financing will be limited-profit housing development companies, commercial property companies and local authorities.
The project supports the financing of new built social and affordable housing units in the Federal State of Vienna and in the Federal State of Lower Austria.
- Industry - Construction
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
EUR 307 million
The Bank will require the promoter to ensure compliance with the relevant EU Directives.
The Bank will require the promoter to ensure that any final beneficiaries falling under EU Public Procurement Directives comply with the EU Public Procurement Directives.
Signed - 4/11/2019
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).