EIB supports Estonia in creating a new business model for rental housing market
Estonia, Feb. 17 -- The Ministry of Climate of Estonia and the European Investment Bank (EIB) have launched a cooperation to increase the availability of affordable and high-quality housing in Estonia. The aim is to develop a financing solution that helps mitigate the risks faced by private-sector developers outside major cities as well. The EIB will carry out a detailed market assessment, propose a sustainable financing model and a long-term strategy for developing the rental housing market. The advisory work will take place over a 13?month period. The longer-term objective of the project is to prepare and launch concrete investment projects in cooperation with private sector partners and local authorities, providing tailor-made financing ...
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