{"id":458783,"date":"2026-07-02T18:56:27","date_gmt":"2026-07-02T16:56:27","guid":{"rendered":"https:\/\/www.eunews.it\/2026\/07\/02\/la-bei-annuncia-6-miliardi-contro-la-crisi-abitativa-per-questanno-il-doppio-del-2024\/"},"modified":"2026-07-02T19:22:48","modified_gmt":"2026-07-02T17:22:48","slug":"the-eib-announces-6-billion-to-tackle-the-housing-crisis-this-year-twice-the-amount-for-2024","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2026\/07\/02\/the-eib-announces-6-billion-to-tackle-the-housing-crisis-this-year-twice-the-amount-for-2024\/","title":{"rendered":"The EIB announces 6 billion to tackle the housing crisis this year: &#8220;Twice the amount for 2024&#8221;"},"content":{"rendered":"<p style=\"text-align: left\"><span style=\"font-weight: 400\">Brussels \u2013 &#8220;<\/span><strong>This year, the European Investment Bank plans to invest \u20ac6 billion to support housing construction, double the amount allocated in 2024<\/strong>.&#8221;&nbsp;<span style=\"font-weight: 400\">This was <a href=\"https:\/\/www.cor.europa.eu\/en\/plenaries-events\/172nd-cor-plenary-session\" target=\"_blank\" rel=\"noopener\">announced today (2 July)<\/a> by the institution\u2019s president, <\/span><b>Nadia Calvi\u00f1o<\/b><span style=\"font-weight: 400\">, on the occasion of the adoption of a Memorandum of Understanding between the EIB and the Committee of the Regions (CoR), which lays the foundations for closer cooperation on housing and other sectors such as regional and urban development, cohesion, innovation and competitiveness, climate and energy, resilience, social infrastructure, and other shared priorities. <\/span><\/p>\n<p style=\"margin-bottom: 0px\">\n<p><span style=\"font-weight: 400\">The housing crisis was the focus of today\u2019s discussion at the CoR plenary session, where representatives of European regions and cities explained how they are tackling the issue in their areas and highlighted the key role played by the EIB, which last year provided approximately&nbsp;<\/span><a href=\"https:\/\/www.cor.europa.eu\/en\/news\/local-leaders-and-eib-join-forces-pool-public-and-private-funds-affordable-houses\" target=\"_blank\" rel=\"noopener\">\u20ac<b>5 billion in funding to address&nbsp;the problem<\/b><span style=\"font-weight: normal\">.<\/span><b>&nbsp;<\/b><\/a><\/p>\n<p style=\"margin-bottom: 0px\"><span style=\"font-weight: 400\">In her speech today, President Calvi\u00f1o therefore confirmed the Bank\u2019s intention to further increase its investments. And that\u2019s not all. This year, the EIB has invested \u201c\u20ac21 billion to make European cities and regions sustainable,\u201d explained <strong> Calvi\u00f1o, <\/strong>a 21 per cent increase compared with 2024. Among the objectives is \u201censuring accessibility,\u201d particularly regarding housing. <\/span>\u201c<span style=\"font-weight: 400\"><strong>Across the EU, for 8 out of 10 young people, the biggest concern is finding affordable housing<\/strong><\/span>,\u201d<span style=\"font-weight: 400\">&nbsp;the president reiterated, emphasising that the housing crisis has particular consequences for the Union\u2019s \u201ccohesion and competitiveness.\u201d On this point, the former Spanish Finance Minister noted that if housing across the EU were made affordable, \u201cEuropean GDP could rise by 2 per cent\u201d and, in some countries, by 7 per cent. Therefore, <strong>&#8220;<\/strong><\/span><strong>by 2030, the EIB aims to deliver one million more homes&#8221;<\/strong> through local and regional funding. \u201c<span style=\"font-weight: 400\"><strong>The diagnosis is clear: Europe needs better homes, built more quickly, and energy-efficient<\/strong><\/span>,\u201d<span style=\"font-weight: 400\">&nbsp;she concluded.&nbsp;<\/span><\/p>\n<p style=\"margin-bottom: 0px\">Also taking part in the debate was the PD MEP (S&amp;D Group), <strong>Irene Tinagli<\/strong>, who chairs the European Parliament\u2019s special committee on the housing crisis; she described the issue as a \u201cmultidimensional challenge.\u201d In Europe, \u201c<strong>one in ten people spend over 40 per cent of their salary on rent, and in some European regions this figure rises to 70 per cent<\/strong>,\u201d&nbsp;she explained. This has a particular impact on young people, with \u201ca third of Europeans aged between 24 and 35 still living with their parents.\u201d In describing it as a priority for the future, Tinagli noted that \u201cthe housing crisis in Europe is deep-rooted and structural. Tackling it requires investment, better coordination at all levels of government, and a shared commitment from the European institutions, Member States, regions, and cities.\u201d&nbsp;She also emphasised the need to address this issue during negotiations on the next European budget, the 2028\u20132034 Multiannual Financial Framework, so as to move \u201cfrom words to action.\u201d Because, as the MEP from the European People\u2019s Party and rapporteur for the <a href=\"https:\/\/www.eunews.it\/en\/2026\/05\/05\/housing-crisis-parliamentary-debate-on-the-new-european-housing-plan\/\" target=\"_blank\" rel=\"noopener\">European housing plan<\/a>,&nbsp;<strong>Borja Gim\u00e9nez Larraz<\/strong>, underlined, there are \u201cdramatic economic and demographic consequences\u201d arising from this crisis, which is preventing Europe from \u201cattracting more talent or families.\u201d According to the MEP, \u201cEurope must remove the obstacles that are slowing down construction and renovation, while supporting investment and empowering local and regional authorities.\u201d To achieve this, there is a need for \u201ca housing simplification package, 60-day planning permission procedures, easier access to construction services, a lower tax burden on housing and the mobilisation of available land.\u201d\n<\/p>\n<p>According to <a href=\"https:\/\/commission.europa.eu\/topics\/employment-and-social-affairs\/affordability\/affordable-housing_en\" target=\"_blank\" rel=\"noopener\"><b>estimates <\/b><\/a>by theEuropean Commission, around \u20ac153 billion per year will be needed to fund the construction of around two million homes a year across the EU.&nbsp;The Committee members therefore reiterated the need to \u201cmobilise public and private financial resources at local, national, and European level.\u201d For this reason, European cities and regions are calling for this issue to remain a priority in the EU\u2019s next long-term budget (2028\u20132034). In a press release, the CoR highlighted that \u201ca strong and reinforced cohesion policy could help to provide more affordable housing across Europe, but local leaders have warned of the risk that housing may have to compete for funding with agriculture, competitiveness, sustainability and other policies covered by future national and regional partnership plans.\u201d&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was the topic at the plenary session of the Committee of the Regions, whose members are calling for the issue to remain central to discussions on the forthcoming 2028\u20132034 budget. Tinagli (PD): \u201cThis is a deep and structural crisis; we need investment and better coordination at all levels.\u201d<\/p>\n","protected":false},"author":7908,"featured_media":458747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","show_comment_section":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[29788],"tags":[26671,27560,30320,31470,33394],"class_list":["post-458783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diritti-en","tag-committee-of-regions-en","tag-bank-investment-en","tag-irene-tinagli-en","tag-nadia-calvino-en","tag-ue"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/458783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/7908"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=458783"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/458783\/revisions"}],"predecessor-version":[{"id":458784,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/458783\/revisions\/458784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/458747"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=458783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=458783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=458783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}