The social development bank for Europe

Bucharest Sector 5, municipal infrastructure

  • Approval date

    17 November 2023

  • Borrower

    Sector 5 of the Municipality of Bucharest

  • Country

    Romania

  • Loan size

    € 53 000 000

  • Line of action

    Promoting Inclusive and Resilient Living Environments

  • Status

    In progress

This Public Sector Finance Facility (PFF) will support the municipal investment programme, in particular for the energy modernisation of 88 apartment blocks and the construction of 177 net zero emission social housing units for local young people.

Final beneficiaries: The population of Bucharest's Sector 5, including the most vulnerable residents, including the Roma, the disabled, the disadvantaged young people and single parents.