News
CEB supports affordable and assisted housing for older people in Slovenia
13 November 2026
Ljubljana - The Council of Europe Development Bank (CEB) and the Real Estate Fund of Slovenia’s Pension and Disability Insurance Institute have signed a €20 million loan agreement to support the development of affordable and assisted housing for older people and pensioners across Slovenia
The CEB financing will contribute to a €40.5 million investment programme to construct assisted housing designed to enable older people to live independently in accommodation adapted to their needs. The programme will build approximately 220 new homes in locations across the country, in line with Slovenia’s national technical guidelines for assisted housing.
The CEB loan will finance up to 50% of the project costs, with the remainder provided from the Real Estate Fund’s own resources.
“People should be able to grow older with dignity and independence, in homes that meet their needs and remain affordable,” said CEB Governor Carlo Monticelli. “Through this new partnership with the Real Estate Fund of Slovenia, we are supporting housing that responds directly to the needs of the country’s ageing population and enables people to stay in their own communities for longer.”
“Since 1997, the Real Estate Fund of Slovenia’s Pension and Disability Insurance Institute has been committed to providing affordable rental housing for older people. We are honoured that CEB has recognised us as a reliable and experienced partner. I firmly believe that this partnership will strengthen our financial capacity and enable us to further expand the network of affordable rental housing for older people across Slovenia, contributing to greater housing security and a better quality of life,” added Andrej Hudoklin, CEO of the Real Estate Fund of the Pension and Disability Insurance Institute.
The Real Estate Fund specialises in providing affordable rental accommodation for pensioners and older people, including purpose-built accommodations for elderly people and assisted housing. The €20 million agreement marks the start of direct financing cooperation between the Fund and the CEB and broadens the Bank’s longstanding support for housing in Slovenia.
The agreement complements two loans concluded with SID Banka during the same visit. Together, the three agreements provide €220 million in new CEB financing for housing and municipal investment in Slovenia.
The Council of Europe Development Bank (CEB) is a multilateral development bank with an exclusively social mandate from its 43 member countries. The CEB finances investment projects and provides technical assistance in social sectors such as education, health and affordable housing, while focusing on the needs of vulnerable people, as well as on the social dimensions of climate change and the environment. Borrowers include governments, local and regional authorities, public and private banks, non-profit organisations and others. The CEB, which has a triple-A credit rating, funds itself through international capital markets. In addition, the CEB receives funds from donors to complement its activities.