The social development bank for Europe

Low-income Housing and Social Care in the City of Nuremberg

  • Approval date

    27 January 2023

  • Borrower

    wbg Nürnberg GmbH Immobilienunternehmen

  • Country

    Germany

  • Loan size

    € 90 000 000

  • Line of action

    Promoting Inclusive and Resilient Living Environments
    Investing in People and Enhancing Human Capital

  • Status

    In progress

An additional Programme loan request, increasing the total amount of the loan to €200 million, to partially finance the construction and modernisation of social and affordable housing, as well as the construction of modern and socially accessible care homes for the elderly.

Final beneficiaries: low-income persons, the elderly, persons with disabilities, students, single parents, migrants and refugees.