“This year, we have already increased our support by 40% compared with last year, and our aim is to help deliver around a million more affordable and sustainable units by 2030 through both renovation and new builds”, announced Ioannis Tsakiris, Vice-President of the European Investment Bank (EIB), at a press conference in Strasbourg on Monday 16 June.
He also said that the EIB would step up its support for public investment and extend its scope to all 27 EU Member States where housing regulatory systems are less developed.
These measures form part of the EIB’s new housing action plan, which will provide both financing and targeted technical assistance. The EIB will support the construction sector “in order to make the construction process more efficient, more sustainable and above all less costly, while maintaining a high level of quality”. It will also mobilise large-scale funding to improve energy efficiency and renovate the existing building stock.
The EIB will also work closely with cities and regions, alongside the European Commission and Member States, and with national development banks to mobilise public and private finance at all levels - local, national and European.
Launched in March (see EUROPE 13594/6), the new one-stop housing portal has already centralised hundreds of applications for assistance. (Original version in French by Anne Damiani)