Germany, April 27 -- The European Investment Bank (EIB) and the municipal housing company HOWOGE Wohnungsbaugesellschaft mbH have signed an unsecured credit facility of EUR 500 million. The EIB financing will support construction of around 3,200 residential units in Berlin by 2029.With this financing, HOWOGE and the EIB are sending a strong signal to support affordable housing in the German capital. The new builds will be constructed across several Berlin districts and at least 50 per cent will be subsidized. At the same time, the new-build programme will make an important contribution to Berlin's climate targets because of ambitious energy efficiency standardsThis is the first cooperation between HOWOGE and the EIB. The credit facility add...