VESTEDA AFFORDABLE HOUSING

Financing of new highly energy efficient affordable rental housing and comprehensive retrofitting of existing houses by Vesteda undertaken in the Netherlands.

The operation will contribute to reducing the shortage in the supply of affordable housing in the country's main urban agglomerations and provide housing options for key workers and middle-income households, for instance. The retrofitting of Vesteda's housing units will improve the energy efficiency and reduce the CO2 emissions of Vesteda's portfolio.

Compliance with the relevant EU Directives will be verified during appraisal: EU EIA Directive 2011/92/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. Applicable energy efficiency requirements in line with the EU Directive on the Energy Performance of Buildings 2010/31/EU will also be further assessed during appraisal.

The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions.