News
2014 Annual Report of the Regional Housing Programme Fund
24 April 2015
The 2014 Annual Report of the Regional Housing Programme (RHP) Fund, which is published today, shows the steady progress made by Bosnia and Herzegovina, Croatia, Montenegro and Serbia in implementing the RHP.
Indeed, 2014 marked an important turning point for the RHP. After two years of intense preparatory work, the Partner Countries delivered housing solutions to beneficiaries for the first time.
Meanwhile, the Donors to the RHP Fund prepared the future of programme implementation by approving five additional RHP grants in 2014, for a total of € 64 million. These new approvals brought the total number of grants awarded since the beginning of the Programme to 17, for a total amount of € 125 million.
Rolf Wenzel, Governor of the CEB, indicated that "...the delivery of the first homes within the context of the Regional Housing Programme marks an important step in the resolution of this protracted displacement situation."
Johannes Hahn, European Union Commissioner for European Neighbourhood Policy and Enlargement Negotiations, stated: "I am convinced that the Regional Housing Programme can help resolve a humanitarian tragedy, and more broadly contribute to peace and prosperity in the region."
2014 Annual Report of the Regional Housing Programme Fund
Download the reportSet up in 1956, the CEB (Council of Europe Development Bank) has 41 member states. Twenty-two Central, Eastern and South Eastern European countries, forming the Bank's target countries, are listed among the member states. As a major instrument of the policy of solidarity in Europe, the Bank finances social projects by making available resources raised in conditions reflecting the quality of its rating (Aa1 with Moody's, outlook stable, AA+ with Standard & Poor's, outlook stable and AA+ with Fitch Ratings, outlook stable). It thus grants loans to its member states, and to financial institutions and local authorities in its member states for the financing of projects in the social sector, in accordance with its Articles of Agreement.