Council of Europe Development Bank (CEB)

Council of Europe Development Bank (CEB)

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The CEB finances projects with loans covering up to 40% of project costs.

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The Council of Europe Development Bank (CEB) is a multilateral development bank that supports social cohesion and development across Europe. Its focus on social and affordable housing makes it a potential partner for the European Housing Cooperative (EHC). The CEB provides financial support through loans and technical assistance to projects that align with its social mandate, including housing renovation, construction, and refurbishment. The CEB's programs that are best aligned to support the EHC include its Social Inclusion Bond, which has allocated 33% of its proceeds to housing projects, resulting in over 10,600 housing units being built or renovated. Additionally, the CEB's partnership with the European Investment Bank (EIB) and other organizations in the "European Alliance for Sustainable and Inclusive Social Housing" could provide valuable resources and expertise for the EHC. Similar projects that have received funding from the CEB in the past include the retrofitting of multi-apartment buildings in Lithuania, the construction of social housing units in Slovenia, and the modernization of affordable housing stock in Berlin. The CEB has also provided loans to housing finance agencies in Ireland and partnered with the Housing Fund of the Republic of Slovenia to support affordable housing initiatives. These examples demonstrate the CEB's commitment to supporting social and affordable housing projects across Europe, making it a potential partner for the EHC.

Last edited
Nov 20, 2024 11:12 AM