The social development bank for Europe

Fonds Du Logement Des Familles Nombreuses De Wallonie 2

  • Approval date

    28 January 2011

  • Borrower

    Fonds Du Logement Des Familles Nombreuses De Wallonie

  • Country

    Belgium

  • Loan size

    € 80 000 000

  • Line of action

    Strengthening social integration

  • Status

    Completed

The project consists in granting some 1 500 social mortgage loans and some 500 zero-interest écoprêts (“green loans”) to large, low-income families.

The FLW grants mortgage loans to large families for:

• purchasing, building, renovating or transforming dwellings;
• carrying out energy-saving works;
• reimbursing an expensive loan already contracted for a dwelling;
• building a nearby dwelling to house (an) elderly relative(s);
• purchasing a building plot.