Release date: 16 July 2019
Promoter – Financial Intermediary
HOUSING FINANCE AGENCY PLCLocation
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)
- Urban development - Construction
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 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).