EIB signs €250m cheque for green homes in Paris

The European Investment Bank (EIB) has granted a new €250 million (£230m) loan to in’li, the Action Logement Group’s subsidiary, to accelerate the construction of 2,580 affordable energy efficient new homes in Île-de-France.
It says the project aims to address the needs of middle-income households and will see around 6,000 residents benefit from these homes – they will meet the strictest environmental criteria and construction is expected to generate 5,000 person-years of employment during the implementation phase.

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