Education and Childcare in Nuremberg Phase II
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Approval date
25 March 2024
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Borrower
City of Nuremberg (Stadt Nürnberg)
- Country
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Loan size
€ 100 000 000
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Line of action
Investing in People and Enhancing Human Capital
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Status
In progress
The Public sector Financing Facility (PFF) aims to expand and improve the education and childcare infrastructure in Nuremberg. In particular, the CEB loan will partially finance the extension and modernization of early childhood and care facilities, the expansion of afterschool care for primary school children, digitalisation of schools, as well as construction of additional schools and classrooms.
Final beneficiaries: Children, parents and staff at schools and childcare facilities in and around the city of Nuremberg. In particular, socio-economically vulnerable beneficiaries, such as low-income households and migrants who depend on reliable public education and childcare.