Bucharest Sector 6, Environment, housing and social assistance
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Approval date
20 March 2020
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Borrower
Sector 6 of the Municipality of Bucharest
- Country
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Loan size
€ 47 000 000
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Line of action
Inclusive growth
Support for vulnerable groups
Environmental sustainability -
Status
In progress
A € 47 million Public sector Financing Facility will part-finance municipal investments aimed at addressing a number of environmental and social priorities identified by local authorities including, among others, the improvement of energy efficiency in residential and school buildings, the construction and equipping of Near Zero Energy buildings, as well as the construction of social housing, a food bank and a social canteen.
Final beneficiaries will be inhabitants of Sector 6 of the Municipality of Bucharest and in particular, single parents with children, unemployed people, low-income persons, persons with disabilities and the elderly.
Romania: CEB approves € 47 million for investments in energy efficiency, social housing and services
Press release 24 March 2020
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