Release date: 14 April 2008
Promoter – Financial Intermediary
Junta de AndalucíaLocation
Description
The project concerns investment schemes combining the improvement of the social housing regional stock with urban renewal works in 30 towns in Andalucía. The improvement measures will lead to good quality social housing and more sustainable urban communities for residents of deprived urban centres and other decaying areas.
Objectives
The project is likely to act as a significant catalyst for regeneration in the respective neighbourhoods, resulting in a number of positive social, economic and environmental externalities. Improvements to the built environment will be significant and wholly positive.
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 50 million
Total cost (Approximate amount)
Over EUR 100 million
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured. Given the scale and nature of the components of the programme (rehabilitation of urban centres and residential buildings within historic areas and barriadas - peripheral neighbourhoods), it is unlikely that an EIA would be required.
Procurement
Compliance with the EU procurement directives and national laws shall be ensured
Status
Signed - 26/11/2008
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).