Municipal Infrastructure Loan Lower Saxony
The Municipal Infrastructure Loan Lower Saxony from NBank offers municipalities low-interest, long-term loans for financing investments in municipal, digital, and social infrastructure. This program also allows for the refinancing of existing loans to drive modernization and development in Lower Saxony.
Who is funded? Target Groups and Objectives
The Municipal Infrastructure Loan Lower Saxony is aimed at municipal authorities in Lower Saxony. The program supports investments in municipal, digital, and social infrastructure, as well as the refinancing of existing loans.
What is funded? Projects and Areas
Investments in various areas of infrastructure in Lower Saxony, including digital and social infrastructure, are funded. Certain measures in housing construction are excluded from funding.
Type and Scope of Funding
The program offers low-interest and long-term loans for financing municipal infrastructure projects, which can cover up to 100 percent of eligible expenses. The loans have flexible terms and repayment options.
Conditions and Requirements
Municipalities must observe specific legal frameworks, and there are provisions for collateralization and early repayment of loans. Combination with other public funding is permissible under certain conditions.
Application Process
The application process begins with sending an invitation to bid via email or fax to NBank, followed by a daily updated conditional offer. After contract conclusion, additional documents must be submitted.
Legal Basis
The "Municipal Infrastructure Loan Lower Saxony" funding program is based on specific product information and is regulated by state-specific legislation and guidelines for municipal finance. The relevant documents are accessible via NBank's funding program page.
Similar Programs
No similar programs found.
Funding Overview
Funding Status:
Open
Maximum Amount:
up to 100 percent of eligible expenses
Deadline:
always open
Open Until:
Ongoing
Award Channel:
Demand Driven Scheme
Region:
Lower Saxony (Germany)
Sectors:
Information and Communication Technology, Transportation and Logistics, Construction and Building Materials, Other
Beneficiaries:
Infrastructure
Application Type:
Single Applicant
Funding Stages:
Implementation, Infrastructure
Funding Provider
Program Level:
Regional
Funding Body:
Investment and Promotion Bank of Lower Saxony (NBank)
Managed By:
Investment and Promotion Bank of Lower Saxony (NBank)