The social development bank in Europe

Social housing in Nuremberg

  • Approval date

    25 January 2019

  • Borrower

    wbg Nürnberg GmbH Immobilienunternehmen

  • Country

    Germany

  • Loan size

    € 110 000 000

  • Line of action

    Sustainable and inclusive growth

  • Status

    In progress

This €110 million Programme loan will part-finance social housing sub-projects including the construction of 819 new dwellings, the modernisation of existing units to increase the accessibility for people with disabilities and increasing energy and water efficiency and the purchase of estates, lands and existing dwellings. Final beneficiaries will be low-income persons, the elderly, people with disabilities, students, single parents as well as migrants and refugees.