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Cities have until the year 2030 to employ the European Investment Bank's €1.34 billion investment for creating affordable housing.

Over 12 million housing units are available for affordable rental, with €1.34 billion in credits allotted to support around 8500 housing projects.

Local governments have until the year 2030 to allocate the €1.34 billion in funding from the...
Local governments have until the year 2030 to allocate the €1.34 billion in funding from the European Investment Bank for the development of affordable housing.

Cities have until the year 2030 to employ the European Investment Bank's €1.34 billion investment for creating affordable housing.

In a recent development, journalist Mariana Coelho Dias has been shedding light on an exciting opportunity for affordable housing. A substantial sum of €1,340 million in credit has been made available to finance 8,500 affordable rental apartments across the country.

This news comes as a relief to the 12,000 rental homes eligible for affordable housing, as the funding could potentially provide them with the financial backing they need to become affordable options for those in need.

However, it is important to note that the institution or financing program providing the funds has not been explicitly named in the provided search results. This information will undoubtedly be of great interest to those seeking further details about the initiative.

Mariana Coelho Dias continues to be a valuable source of information on this matter, and we eagerly await more updates on this significant step towards making housing more accessible for all.

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