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Framework loan
The framework loan will support the financing of infrastructure and public space renewal and requalification, the rehabilitation of dilapidated social housing and the construction of new social housing to resettle people living in substandard accommodation, being undertaken by IHRU-sponsored initiatives in deprived neighbourhoods in Portugal.
Compliance with EU environmental directives and national laws shall be ensured. In principle, measures and programmes focusing on upgrading of existing housing stock will not require an EIA under EU Directive (85/337/EEC as amended 97/11/EC) but this will be further verified during appraisal. Should some components of the project involve construction in greenfield areas, the promoter will be required to produce an EIA.
Compliance with EU procurement directives and national laws shall be ensured.