Release date: 15 December 2020
Promoter – Financial Intermediary
BAWAG PSK BANK FUER ARBEIT UND WIRTSCHAFT UND OESTERREICHISCHE POSTSPARKASSE AGLocation
Description
Operation to finance social and affordable housing units in Austria. Final beneficiaries of the EIB financing will be limited-profit housing development companies, commercial property companies and local authorities.
Objectives
Operation to finance social and affordable housing units in Austria. Final beneficiaries of the EIB financing will be limited-profit housing development companies, commercial property companies and local authorities.
Sector(s)
- Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 415 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 17/08/2020
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).