Madrid Social Care PFF

  • Approval date

    25 September 2020

  • Borrower

    Comunidad Autonoma de Madrid

  • Country

    Spain

  • Loan size

    € 200 000 000

  • Line of action

    Inclusive growth
    Support for vulnerable groups

  • Status

    Completed

An additional loan request of €200 million for an increase of LD 1965 (2018) to a total amount of €400 million to part-finance public budgetary expenses on social care programmes and specifically expenditure related to the maintenance and upgrade of residential and non-residential care homes, day centres, apartments and canteens as well as the provision of support programmes and specialised assistance.

Final beneficiaries will be vulnerable people living in Madrid such as the elderly, people with mental and/or physical disabilities, homeless persons and victims of gender violence.

CEB approves € 200 million to Comunidad de Madrid for essential social care programmes

Press release 29 September 2020

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