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The European Investment Bank is scaling up its support for housing. It was announced during the recent meeting at the Bank's HQ in Luxembourg.

Recent loans for housing include €120 million to the Federal State of Brandenburg to deal with housing implications of the refugee influx, € 1 billion for the construction of new social housing in partnership with the Housing Finance Corporation in Britain etc.

Some issues remain open, for example the lack of clarity of EU state aid and deficit rules which slow down projects, the lack of housing projects funded under the EFSI to date despite the EIB encouraging proposals from the sector also requires discussion.

The seminar in Brussels (June 14) will be a chance to hear directly from representatives of the EIB, to get more details about approved loans but also to present initiatives in need of financing and get feedback.

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