European Regional Development Fund (ERDF)

European Regional Development Fund (ERDF)

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The ERDF has allocated over EUR 370 billion for the 2021-2027 period.

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The European Regional Development Fund (ERDF) is a key financial instrument of the European Union's Cohesion Policy, aimed at strengthening economic, social, and territorial cohesion by correcting imbalances between regions. The ERDF can support the development of the European Housing Cooperative (EHC) through various programs and initiatives. The ERDF's primary objectives for the 2021-2027 period include promoting a smarter, greener, more connected, and more social Europe. Specifically, the fund supports investments in sustainable urban development, social inclusion, and the development of local communities, which aligns with the goals of the EHC. The ERDF's thematic concentration mechanism ensures that at least 30% of the allocation is dedicated to green and low-carbon transitioning projects, and at least 8% to urban development. Programs such as Interreg, which supports cross-border cooperation and territorial development, could be particularly relevant for the EHC. Interreg has funded projects like the "Sustainable Urban Development" initiative in various EU regions, focusing on energy-efficient housing and community-led local development. Additionally, the ERDF has supported projects like the "La Financière Région Réunion" fund of funds, which helps small and medium-sized enterprises, including those in the housing sector. The EHC could explore these programs to secure financial and other forms of support for its development. Given the ERDF's focus on regional development and social cohesion, the EHC could also consider applying for funding under the policy objectives (POs) such as PO1 (a Smarter Europe), PO2 (a Greener, carbon-free Europe), and PO4 (a more Social Europe). These objectives align with the cooperative's mission to promote sustainable and inclusive housing solutions across Europe.

Last edited
Oct 16, 2024 6:57 PM