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Promotional Banks Commit €375bn to EU Affordable Housing Plan

AffordableHousing

Promotional Banks Commit €375bn to EU Affordable Housing Plan

The European Association of Public Banks (EAPB) and the European Long-Term Investors Association (ELTI) are proud to endorse the European Commission’s first-ever European Affordable Housing Plan.

To help turn this ambition into reality, our member institutions — Europe’s national and regional promotional banks — are mobilising significant resources. We estimate a collective commitment of €375 billion in financing by 2029, drawn from our own resources, to support affordable, social, and sustainable housing across the European Union.

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ELTI Position Paper: Promoting Long-Term Investment in Affordable, Social, and Sustainable Housing in Europe: The Role of National Promotional Banks and Institutions

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ELTI Position Paper: Promoting Long-Term Investment in Affordable, Social, and Sustainable Housing in Europe: The Role of National Promotional Banks and Institutions

 

The paper highlights the role of National Promotional Banks and Institutions (NPBIs) in addressing Europe's housing crisis by promoting investment in affordable, social, and sustainable housing. In 2023, these banks financed nearly €50 billion, supporting over 380,000 dwellings. 

Along with this position paper,  ELTI has also presented its experience in housing in a common brochure with the sister association European Association of Public Banks (EAPB).

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