The EIB and Raiffeisenlandesbank Niederösterreich-Wien AG (RLB NÖ-Wien) are together providing EUR 300m to fund affordable housing in Austria. The EU bank is contributing half and RLB NÖ-Wien will match this with the same amount. The total of EUR 300m will be channelled through RLB NÖ-Wien into the construction of social and non-profit housing over the next four years.
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