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Reference: 20240358
Release date: 5 May 2025

Promoter – Financial Intermediary

ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AG

Location

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.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 400 million

Total cost (Approximate amount)

EUR 1200 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 - 20/03/2025

Milestone
Under appraisal
Approved
Signed
17 December 2024
20 March 2025

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).

Related tags

Austria Urban development