Housing for elderly and retired persons
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Approval date
15 November 2024
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Borrower
Pension Real Estate Fund (Real Estate Fund of the Pension and Disability Insurance Fund)
- Country
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Loan size
€ 20 000 000
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Line of action
Investing in People and Enhancing Human Capital
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Status
In progress
This Project loan aims to support the Borrower’s investments to promote inclusive and resilient living environments for the elderly, by partially financing investments in assisted housing for elderly and retired citizens. The objective is to provide 220 assisted housing units, which would ensure access to adequate living conditions and a dignified, stable quality of life for approximately 300 persons.
Final beneficiaries: Elderly individuals and retirees who are facing difficulties in accessing adequate living conditions due to financial constraints or other vulnerabilities.