| Project Detail |
The project will primarily support investments for the construction of energy-efficient affordable housing (Edilizia Residenziale Sociale) units in the Lombardy Region, and to a minor extent social housing (Edilizia Residenziale Pubblica) and student housing units (Edilizia Scolastica e Universitaria) in the same region.
Objectives
The project is expected to contribute to the urban environment by helping to promote urban renewal and to provide affordable accommodation. Investments are expected to contribute to urban regeneration and, in the long-term, better social integration of different income groups. Moreover, due to construction typically being labour-intensive, the use of a local workforce, including unemployed, low-skilled workers and apprentices, the investments are expected to contribute to growth and employment during implementation of the investments (to be verified during the appraisal).
Comments
N/A
Sector(s)
Urban development - Construction
Proposed EIB finance (Approximate amount)
EUR 136 million
Total cost (Approximate amount)
EUR 279 million |
