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    Reference: 20190221
    Release date: 16 July 2019

    Promoter – Financial Intermediary

    HOUSING FINANCE AGENCY PLC

    Location

    Description

    The project will finance the construction and upgrade of social and affordable houses for the next 4 years period. The investment programme will be made by the Housing Finance Agency, an Irish financial intermediary financing local authorities and approved social housing providers, entailing a mix of new-build construction and retrofitting of the provider's existing building stock.

    Objectives

    The indicative pipeline of sub-projects identified at project appraisal stage anticipates a delivery of about 1,600 new social and affordable housing.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    EUR 400 million

    Environmental aspects

    The EIB will require that all works are implemented in compliance with EU environmental legislation.

    Procurement

    The EIB will require that all works are implemented in compliance with EU environmental legislation.

    Status

    Signed - 23/12/2019

    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

    Ireland Urban development