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€1.7 Billion Boost for Flemish Social Housing Initiative

1/29/2026

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Summary

Story summary

The European Investment Bank (EIB) signed a €1.7 billion loan with the Flemish Region of Belgium to boost social housing.
The first tranche of €700 million will fund 6,350 new social housing units and renovate 10,100 existing ones.
The program lowers energy bills for middle- and lower-income households and improves energy efficiency.
Flemish Ministers Ben Weyts and Hans Bonte stressed the urgency of housing need and the funding’s role.

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Story summary

The European Investment Bank (EIB) signed a €1.7 billion loan with the Flemish Region of Belgium to boost social housing.
The first tranche of €700 million will fund 6,350 new social housing units and renovate 10,100 existing ones.
The program lowers energy bills for middle- and lower-income households and improves energy efficiency.
Flemish Ministers Ben Weyts and Hans Bonte stressed the urgency of housing need and the funding’s role.