The European Union is backing the construction of rental property to reduce the current housing shortage in Sweden’s largest cities. The European Investment Bank (EIB) signed on 29 January 29 signed a SEK 2.5 billion (around €236 million) loan agreement with Wallenstam AB to support the construction of sustainable affordable housing classed as “nearly-zero-energy-buildings” in Sweden.
Already work has begun on the “Väven” project, which will consist of 118 affordable rental homes.
“For Eur…
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