€300m from Intesa Sanpaolo and EIB for social housing and student accommodation
28 September 2026
Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, and the European Investment Bank (EIB) have signed a €300 million agreement aimed at supporting the development of new student accommodation facilities and affordable housing projects across Italy.
The initiative is expected to mobilize total investments of approximately €600 million, helping address growing demand for housing, particularly in areas experiencing higher demographic growth and strong university-related demand.
The resources will be allocated to projects promoted by public and private operators selected by Intesa Sanpaolo.
“The agreement with the EIB enables us to expand our support for projects that combine economic sustainability and social value, helping to meet the real needs of people and communities”
Mauro Micillo, Chief of Intesa Sanpaolo’s IMI Corporate & Investment Banking Division
More in detail:
- The EIB loan may cover up to 50% of the total cost projects; the remaining portion will be provided through additional sources of funding and the promoters' own resources
- Intesa Sanpaolo will act as a financial intermediary, making EIB funds available through specific financing operations aimed at projects that meet the criteria set out in European legislation and by the European Investment Bank itself.
In line with the 2026-2029 Business Plan, the agreement further confirms Intesa Sanpaolo's commitment to strengthening financial inclusion through social lending, credit to the third sector, financing of affordable housing and essential infrastructure, and credit to vulnerable people.
Last updated 28 September 2026 at 11:52:59
