After the projects own website of cities, including Lyon, Nantes and Toulouse, in the financing of which the State has ceased to intervene, Europe ready assist projects of requalification in the French suburbs. The Bank European investment (EIB), at the conclusion of a memorandum of understanding signed yesterday with the State, Dexia Crédit Local and the National Agency for urban renewal (Anru), is committed to mobilize over three years an envelope of loans of EUR 500 million to the local communities associated with this organization to help carry out the restructuring of their cities.
Through this program, the EIB has bring boost to more than 2,000 urban and social renovation operations in more than 200 neighborhoods and aid from the Anru eligible sensitive sites. This may be only a start. "In case of success and faster consumption than expected of these loans, we are quite willing to open new," said Philippe de Fontaine Vive, EIB Vice-President. And remember that the Brussels Commission continues to be of the quality of life in medium urban one of its priority themes for action over the period 2007-2013 budget.
Very attractive rates
The device of the financial institution European, which is the first intervention on this scale in France in the field of urban, focuses on lending to very long maturity "thirty, forty or even fifty years", according to Philippe de Fontaine Vive that she is able to agree at rates very attractive because of its very good quality of credit in the financial markets. "This period allows to spread the burden of repayment of very heavy operations," says the leader of the EIB. Periodicity of repayment of these loans, oriented deadlines to financing for urban development and infrastructure projects, may, inter alia, be quarterly or annually, to the choice of the borrower.
At the end of the memorandum of understanding, Dexia Credit Local is committed to distribute, via its network and without taking the slightest margin, the financing mobilized by the EIB in communities local borrowers. Free to the Bank, however, offer other financial services through this which enables it to strengthen its presence in the local public sector.
In addition, the Anru sees its financial means significantly strengthened, in the extension of two years, until 2013, the national urban renewal programme (NERP), initiated by Jean-Louis Borloo. The Minister of employment and social cohesion signed yesterday with Daniel Dewavrin, the President of the UESL, convention enshrining the doubling of effort by this structure, which involves the 1 housing management agencies. Initially EUR 2.5 billion, its intervention envelopes are thus brought to EUR 5 billion up to 2015, date of final payments to be expected.
Added to the effort of the State, from 4 to 5 billion euros, the response capacity of the Anru therefore turn to 10 billion euros in the amount of work of 30 and not more 20 billion over the period of NERP. The objectives of this program, funded to 32 by the Agency, are 250,000 public rental housing demolition-reconstruction and rehabilitation of 400,000 units of the same type.
On the one hand it includes a minimum of 4The new calculation rule should avoid this pitfallThe autoappréciation of the Germans is still higherI especially look at the editorial projectGeorges Charpak will work there until his retirement in 1989The Court is more literary than scholarlyPublished in 1978 it is now the subject of hype in the UN sure of American rockerOur special feature on the Cancun Summit on lesechosExpensive for the whole of the international communityHowever the judicial investigation remains open
