Municipal Infrastructure Credit
The Municipal Infrastructure Credit from LfA Förderbank Bayern provides low-interest loans for municipal infrastructure investments in Bavaria. In cooperation with the KfW Banking Group, important projects in areas such as transport, energy, and supply/disposal are financed. The goal is to support the development of Bavarian municipalities through targeted investment promotion.
Who is funded
The Municipal Infrastructure Credit is aimed at municipal bodies and their legally dependent municipal enterprises, as well as certain municipal special-purpose associations and administrative communities in Bavaria. The program aims to support the development and modernization of municipal infrastructure in the Free State.
What is funded
The program promotes a wide range of municipal infrastructure investments in Bavaria, from transport infrastructure to measures in the areas of energy, supply and disposal, commercial area development, as well as science, technology, and cultural preservation. Both construction and other investment measures are considered, which contribute to improving the quality of municipal life and economic locations.
Type and Scope of Funding
The Municipal Infrastructure Credit is granted as a low-interest loan, with the financing amount varying depending on the loan amount and capable of reaching up to 150 million Euros per calendar year. The loans are characterized by flexible maturities and interest rate fixation periods to meet the diverse project needs of municipalities.
Conditions and Requirements
Specific legal and operational conditions apply to funding through the Municipal Infrastructure Credit, ranging from eligibility to compatibility with climate protection goals. Municipalities must ensure that their projects comply with the Paris climate goals and do not involve economic activities problematic under EU state aid law.
Application Procedure
The application for the Municipal Infrastructure Credit is made directly to LfA Förderbank Bayern using a specific LfA form. The process is designed to efficiently capture the necessary information and ensure prompt processing, with the disbursement of loan funds also subject to clear prerequisites.
Legal Basis
The Municipal Infrastructure Credit is legitimized and regulated in detail by the "Municipal Infrastructure Credit" factsheet of LfA Förderbank Bayern dated May 2, 2024. The program is also refinanced by the KfW Banking Group from the "IKK – Municipal Investment Loan" program, which underscores its supra-regional integration.
Similar Programs
Funding Overview
Funding Status:
Open
Maximum Amount:
€150,000,000
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Bavaria (Germany)
Sectors:
Transportation and Logistics, Water and Waste Management, Construction and Building Materials, Energy Production and Supply, Renewable Energy, Tourism, Research and Development, Cultural Institutions
Application Type:
Single Applicant
Funding Stages:
Implementation, Infrastructure
Funding Provider
Program Level:
Regional
Funding Body:
LfA Förderbank Bayern, KfW Banking Group
Managed By:
LfA Förderbank Bayern
Website: