France Social Housing

Promoter – Financial Intermediary

Dexia Crédit Local (DCL), Caisse Nationale des Caisses d'Epargne (CNCE)

Location

• France

Description

Financing the rehabilitation and expansion of the social housing stock in France.

Objectives

The project is in line with European policies on the urban environment, social cohesion and balanced spatial development. It will underpin the integrated policy of the French public authorities and the financing arrangements for the rehabilitation and construction of France's social housing stock in 2007-2009.

Sector(s)

• Urban development

Proposed EIB finance (Approximate amount)

EUR 500 million..

Total cost (Approximate amount)

EUR 47.55 billion.

Environmental aspects

Compliance with EU directives and national regulations on environmental protection is required.

Procurement

Compliance with EU directives and national legislation on procurement is required.

Status

Signed - 18/09/2007