21.05.2019
EIB and Erste Bank promote affordable housing in Austria
EIB and Erste Bank promote affordable housing in Austria
- EU bank and Erste Bank provide a total of EUR 200m for social housing
- The agreement promotes the construction of new subsidised or social rental housing
- For the first time, the financing will provide fixed interest rates with terms of up to 28 years for rental housing
- Tenants in thousands of newly built properties across Austria will benefit
- EU bank and Erste Bank provide a total of EUR 200m for social housing
- The agreement promotes the construction of new subsidised or social rental housing
- For the first time, the financing will provide fixed interest rates with terms of up to 28 years for rental housing
- Tenants in thousands of newly built properties across Austria will benefit