City of Stuttgart - Expansion of social and affordable housing portfolio
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Approval date
27 September 2019
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Borrower
Stuttgarter Wohnungs- Und Städtebaugesell
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Loan size
€ 63 200 000
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Line of action
Sustainable and inclusive growth
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Status
In progress
This €63.2 million Programme loan will part-finance new constructions and the acquisition and renovation of existing buildings to increase the supply of affordable and social rental housing units and to finance the preservation of Stuttgart’s architectonic heritage.
Final beneficiaries will be low-income persons and include young families, single parents, elderly persons and students, as well as migrants and refugees.