Release date: 4 July 2022
Promoter – Financial Intermediary
ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AGLocation
Description
The operation is aimed at supporting the construction of new affordable housing units in Austria.
Objectives
The operation is aimed at supporting the construction of new affordable housing units in Austria. It will include a 20% climate action and environmental sustainability (CAES) component.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
EUR 600 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 - 22/11/2022
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).