Release date: 1 July 2025
Promoter – Financial Intermediary
CAISSE DES DEPOTS ET CONSIGNATIONSLocation
Description
The multi-beneficiary intermediated loan will finance the construction of affordable housing for rental purposes, known as "logement locatif intermédiaire" (LLI), by housing providers in France.
Objectives
The aim is to increase the supply of housing for middle-income families across the country. The project will support both private and public sector entities in the LLI sector, implementing regulated affordable housing which comply with ceilings of household income and rents. The regional focus is on areas facing housing difficulties as defined by the French Government, thus contributing to urban regeneration and renewal. Part of the investment programme will contribute to new highly energy-efficient affordable rental housing.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal - 28/02/2025