This unique partnership consolidates the role of Banque des Territoires in mobilising the resources of the CEB and of the EIB for investment in social housing in France, based on bilateral agreements signed by these financial institutions.
The partnership aims to foster access to European financing by social housing bodies in France for long-term investments in social housing. This alliance forms part of the process of implementation of the Investment Pact signed by all of the French players in social housing. The intermediation mechanism is designed to ensure that French social housing operators have straight-forward, equitable and coherent access to European financing and that the funding is available for all investment projects.
The joint declaration of the European Alliance was signed on September, 15th in Paris during the event “Hlm [social housing], actors in the recovery”, organised by USH. The strategic agreement is part of the implementation of the European Union’s Recovery Plan from the global pandemic and the EU Renovation Wave.
The financing will make a major contribution to the fight against climate change, better social inclusion and provide support to vulnerable households.