ICO to Launch €12.25 Billion Loan Scheme for Affordable Housing
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Insights by Echo AI
The Official Credit Institute (ICO) will activate in September a loan scheme worth €12.25 billion to build affordable housing. Half of this funding must be used for rentals, with sales allowed but subject to a permanent protection scheme and 'reasonable' returns. Only a dozen companies have used European funding through ICO to build 3,720 affordable homes.
Source coverage
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El Instituto de Crédito Oficial (ICO) abre en septiembre préstamos por...
El ICO activará en septiembre préstamos por valor de 12.250 millones p...
El ICO activará en septiembre préstamos por valor de 12.250 millones p...
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