First beneficiaries receive new homes in Croatia under RHP

23 December 2014

rhp first beneficiariesPARIS - The first beneficiaries of the Regional Housing Programme (RHP) in Croatia, which is managed by the Council of Europe Development Bank (CEB), have been provided with a durable housing solution.  

Today six returnee families received keys to their new homes in the city of Knin, in Southern Croatia. They will be able to move in immediately, after having spent nearly twenty years in precarious living conditions. On 19 December 2014, two families in Petrinja also received keys to a new home.

In addition to these eight refugee families, many more beneficiaries are expected receive to new housing in the first months of 2015.  

The Regional Housing Progamme (RHP), a major regional initiative managed by the CEB, aims to bring lasting housing solutions to approximately 74,000 vulnerable refugees and displaced persons affected by the conflict in the former Yugoslavia. The programme, officially launched in April 2012, comprises four Country Housing Projects implemented in parallel in partner countries Bosnia and Herzegovina, Croatia, Montenegro and Serbia.

Set 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.

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