{"id":4250,"date":"2022-04-05T09:22:19","date_gmt":"2022-04-05T07:22:19","guid":{"rendered":"https:\/\/affordablehousingactivation.org\/?post_type=tribe_events&#038;p=4250"},"modified":"2022-04-28T13:36:57","modified_gmt":"2022-04-28T11:36:57","slug":"4250","status":"publish","type":"exemplary_case","link":"https:\/\/affordablehousingactivation.org\/es\/casos-de-exito\/4250\/","title":{"rendered":"Loans, guarantees and equity investment for affordable housing \u2013 European Investment Bank\u00a0"},"content":{"rendered":"<p><b><span data-contrast=\"auto\">Description<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><span data-contrast=\"auto\">EIB is financially autonomous and raises money by issuing bonds on capital markets. The Bank\u2019s excellent credit rating enables it to raise this finance at very low interest rates.<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Actors involved<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">European Investment Bank<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><b><span data-contrast=\"auto\">Scale<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">EU<\/span><\/p>\n<p><b><span data-contrast=\"auto\">More information<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Since its establishment in 1958, EIB has invested over a trillion euros by providing loans, loan guarantees and equity investment.\u00a0 Its activities focus on five priority areas: climate and environment; development, innovation and skills; small and medium-sized businesses; infrastructure; and cohesion.\u00a0 EIB does not provide finance for market housing, but non-market housing was a major element of the EUR 150 billion which EIB has invested in urban projects to date.[1]\u00a0 The Bank funds the following type of non-market housing:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul>\n<li><span data-contrast=\"auto\">Social and affordable rental housing<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Refugee accommodation or reception centres, and associated infrastructure provided during the asylum process<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Student accommodation and accommodation for apprentices<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Care homes and assisted living accommodation<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Shared equity housing including rent-to-buy or partial ownership where justified by clear market failures and public policy priorities<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">This finance for housing is distributed by loans, loan guarantees and equity investments.\u00a0 EIB lends directly to social and affordable housing providers, but more commonly its finance is distributed via special-purpose financial intermediaries which manage housing investment in member countries.\u00a0 These organizations are discussed later in this chapter.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">[1] European Investment Bank Group, Social and affordable housing overview 2020 (Luxembourg, 2020). Available at <a href=\"https:\/\/www.eib.org\/attachments\/thematic\/social_and_affordable_housing_overview_2020_en.pdf\" target=\"_blank\" rel=\"noopener\">https:\/\/www.eib.org\/attachments\/thematic\/social_and_affordable_housing_overview_2020_en.pdf<\/a>.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.eib.org\/en\/index.htm\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"auto\">https:\/\/www.eib.org\/en\/index.htm<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559685&quot;:-851,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-6770\" src=\"https:\/\/affordablehousingactivation.org\/web\/app\/uploads\/2022\/04\/intro_housing2030-300x197.png\" alt=\"\" width=\"300\" height=\"197\" srcset=\"https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/intro_housing2030-300x197.png 300w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/intro_housing2030-600x394.png 600w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/intro_housing2030.png 727w\" sizes=\"(max-width: 300px) 100vw, 300px\" title=\"\"><\/p>\n<p><a href=\"https:\/\/www.housing2030.org\" target=\"_blank\" rel=\"noopener\">https:\/\/www.housing2030.org<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>An initiative of:<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-6035\" src=\"https:\/\/affordablehousingactivation.org\/web\/app\/uploads\/2022\/04\/Housing-Europe-Logo-002-237x300.jpg\" alt=\"\" width=\"237\" height=\"300\" srcset=\"https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/Housing-Europe-Logo-002-237x300.jpg 237w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/Housing-Europe-Logo-002-473x600.jpg 473w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/Housing-Europe-Logo-002-600x760.jpg 600w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/Housing-Europe-Logo-002.jpg 677w\" sizes=\"(max-width: 237px) 100vw, 237px\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-6656\" src=\"https:\/\/affordablehousingactivation.org\/web\/app\/uploads\/2022\/04\/UNHABITAT.svg_-300x58.png\" alt=\"\" width=\"300\" height=\"58\" srcset=\"https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/UNHABITAT.svg_-300x58.png 300w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/UNHABITAT.svg_.png 558w\" sizes=\"(max-width: 300px) 100vw, 300px\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\"alignnone size-medium wp-image-6658\" src=\"https:\/\/affordablehousingactivation.org\/web\/app\/uploads\/2022\/04\/UNECE-logo-blue-english-002-300x92.jpg\" alt=\"\" width=\"300\" height=\"92\" srcset=\"https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/UNECE-logo-blue-english-002-300x92.jpg 300w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/UNECE-logo-blue-english-002-768x236.jpg 768w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/UNECE-logo-blue-english-002-600x184.jpg 600w, https:\/\/affordablehousingactivation.org\/\/web\/app\/uploads\/2022\/04\/UNECE-logo-blue-english-002.jpg 851w\" sizes=\"(max-width: 300px) 100vw, 300px\" title=\"\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EIB is the lending arm of the European Union and is the biggest multilateral financial institution in the world.<\/p>\n","protected":false},"featured_media":4251,"parent":0,"template":"","meta":{"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"Tribe__Tickets_Plus__Commerce__WooCommerce__Main","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":[],"_tribe_ticket_has_attendee_info_fields":false},"barrera":[116],"acf":[],"_links":{"self":[{"href":"https:\/\/affordablehousingactivation.org\/es\/wp-json\/wp\/v2\/exemplary_case\/4250"}],"collection":[{"href":"https:\/\/affordablehousingactivation.org\/es\/wp-json\/wp\/v2\/exemplary_case"}],"about":[{"href":"https:\/\/affordablehousingactivation.org\/es\/wp-json\/wp\/v2\/types\/exemplary_case"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/affordablehousingactivation.org\/es\/wp-json\/wp\/v2\/media\/4251"}],"wp:attachment":[{"href":"https:\/\/affordablehousingactivation.org\/es\/wp-json\/wp\/v2\/media?parent=4250"}],"wp:term":[{"taxonomy":"barrera","embeddable":true,"href":"https:\/\/affordablehousingactivation.org\/es\/wp-json\/wp\/v2\/barrera?post=4250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}