Innovative Financing of Social Housing Refurbishment in Enlarged Europe (INOFIN)

This project looks to design financing schemes for refurbishments which are tailored to each country's needs and which involve both new technologies and new building materials. It is exploring potential links between cross-border initiatives and international finance institutions, helping put together grants, loans, third party financing, and investment funds with the aim of stimulating energy efficiency and use of renewable energy sources. Showcase projects are helping develop local and regional expertise.

Lessons learned:

• No common definition of the term "Social Housing" in the partner regions
• The need of (innovative) financial schemes was identified as a core task of the project (motivation for investors)
• Existing demand on refurbishment measures in all partner regions